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Exhibit 10.8 -Refer to Exhibit 10.8, Which Shows the Long-Run Equilibrium in the Long-Run

Question 39

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Exhibit 10.8
Exhibit 10.8 -Refer to Exhibit 10.8, which shows the long-run equilibrium in an aggregate demand-aggregate supply model. Which of the following is indicated by the arrow given? A) a decrease in capital stock B) an increase in long-run aggregate supply C) an increase in nominal wage D) a decrease in long-run aggregate supply E) a decrease in the aggregate quantity demanded
-Refer to Exhibit 10.8, which shows the long-run equilibrium in an aggregate demand-aggregate supply model. Which of the following is indicated by the arrow given?


A) a decrease in capital stock
B) an increase in long-run aggregate supply
C) an increase in nominal wage
D) a decrease in long-run aggregate supply
E) a decrease in the aggregate quantity demanded

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