Multiple Choice
If technological change occurs in the economy
A) the long-run aggregate supply curve will shift to the right.
B) the long-run aggregate supply curve will shift to the left.
C) we will move up along the long-run aggregate supply curve.
D) we will move down along the long-run aggregate supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q112: Figure 13-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-3
Q113: Which of the following models focuses on
Q114: Monetarism is a school of thought put
Q115: Stagflation usually results from<br>A)a supply shock.<br>B)a decrease
Q116: Figure 13-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-1
Q118: Stagflation occurs when<br>A)inflation rises and GDP rises.<br>B)inflation
Q119: Using an aggregate demand graph,illustrate the impact
Q120: The main belief of the monetarist model
Q121: Figure 13-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-4
Q122: When potential GDP increases,short-run aggregate supply also