Multiple Choice
If the economy is operating at an output level beyond its full-employment capacity, which of the following would most likely direct the economy back to long-run equilibrium?
A) improvements in technology
B) a decrease in the real rate of interest
C) an increase in resource prices
D) a decrease in resource prices
Correct Answer:

Verified
Correct Answer:
Verified
Q53: When output is greater than the economy's
Q54: When the economy is operating at an
Q55: Use the figure below to answer the
Q56: With regard to the business cycle, most
Q57: During 2003-2007, the price of crude oil
Q59: If the consumer sentiment index turns down
Q60: A currency appreciation will be most likely
Q61: Which of the following shifts short-run, but
Q62: Which of the following will most likely
Q63: Which of the following will most likely