Multiple Choice
The main effect of a decrease in the stock of capital is a(n) :
A) rightward shift of the short-run aggregate supply curve.
B) rightward shift of the aggregate demand curve.
C) leftward shift of the long-run aggregate supply curve.
D) leftward shift of the aggregate demand curve.
E) increase in the price and output levels.
Correct Answer:
Verified
Correct Answer:
Verified
Q71: The long run is the period of
Q72: Which of the following is true in
Q73: The potential output of an economy is
Q74: The amount by which actual output falls
Q75: In the long run,the price level in
Q77: For the aggregate demand and aggregate
Q78: The figure below shows equilibrium in an
Q79: Which of the following supply shocks would
Q80: Which of the following is true if
Q81: At the potential level of output,there is