Multiple Choice
Which of the following would decrease SRAS?
A) A reduction in the amount of capital employed by businesses.
B) Investments in education and vocational programs make workers better prepared.
C) On-the-job training causes worker productivity to rise.
D) Firms adopt more powerful computers and more advanced machine tools for their workers.
Correct Answer:

Verified
Correct Answer:
Verified
Q21: What is the natural level of output?
Q44: Which of the following best describes the
Q45: What effect will the combination of a
Q46: What happens to the price level and
Q47: What will a sudden increase in the
Q50: When the price level rises,what happens to
Q51: How is the LRAS curve drawn?<br>A)as a
Q52: What impact does cost-push inflation have on
Q143: The SRAS curve is vertical at the
Q146: Greater and more extensive government regulations of