Multiple Choice
Which of the following will cause an increase in both aggregate supply and long-run aggregate supply?
A) An increase in factor prices.
B) A decrease in factor prices.
C) A decrease in the labour participation rate.
D) An increase in productivity.
Correct Answer:

Verified
Correct Answer:
Verified
Q166: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1338/.jpg" alt=" -Refer to the
Q167: What is real wage?<br>A)It is equal to
Q168: The following are aggregate demand and supply
Q169: Distinguish the difference between a Keynesian AS
Q170: Which of the following will likely happen
Q172: Which of the following is least likely
Q173: What are the three reasons for the
Q174: "A change in aggregate supply implies a
Q175: What does the term Potential GDP mean?
Q176: What does macroeconomic equilibrium imply?<br>A)The point where