Multiple Choice
According to www.oecd.org, the United States spends a larger portion of expenditures on higher education compared to any other country. Increasing the amount of higher education produces
I. rightward shifts in the U.S. long-run aggregate supply curve.
II. movements up along the U.S. aggregate demand curve.
III. increases in U.S. human capital.
A) I and III only
B) I, II and III
C) II and III only
D) III only
Correct Answer:

Verified
Correct Answer:
Verified
Q279: One result of a decrease in aggregate
Q280: Stagflation is the combination of<br>A) inflation and
Q281: Assume the equilibrium price level is 140
Q282: In 2008, Germany passed a stimulus package
Q283: If you have $1,000 in wealth and
Q285: Technological progress will<br>A) shift the LAS curve
Q286: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q287: The long-run aggregate supply curve is _
Q288: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure
Q289: The supply of real GDP is a