menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Economics
  4. Exam
    Exam 33: Aggregate Demand and Aggregate Supply
  5. Question
    In the Long Run, the Quantity of Goods and Services
Solved

In the Long Run, the Quantity of Goods and Services

Question 46

Question 46

True/False

In the long run, the quantity of goods and services supplied depends on the economy's labour, capital, technology and overall level of prices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q41: The upward slope of the aggregate-supply curve

Q42: When inflation is decreasing, prices are falling.

Q43: Pigou's wealth effect suggests that when the

Q44: The new Keynesian sticky-price theory suggests that

Q45: An increase in net lump-sum taxes shifts

Q47: The position of the long-run aggregate-supply curve

Q48: When an increase in the minimum wage

Q49: Which of the following explanations for the

Q50: Explain why the short-run aggregate supply curve

Q51: Deteriorating economic conditions could be due to:<br>A)increases

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines