Multiple Choice
Which one of the following can lead to a rightward shift of the long-run aggregate supply curve?
A) The money supply increases.
B) Discretionary government spending increases.
C) The labor force increases.
D) Consumer expectations about future income increase.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: The short-run aggregate supply curve is:<br>A) upward
Q48: Economic growth is depicted by a:<br>A) rightward
Q49: Which one of the following will increase
Q50: When an economy is operating on the
Q51: If the short-run output is more than
Q53: If the short-run macroeconomic equilibrium occurs in
Q54: The short-run aggregate supply curve is perfectly
Q55: Which one of the following would constitute
Q56: The marginal propensity to consume for an
Q57: If the marginal propensity to save for