Solved

Which of the Following Could Explain Why There Is an Increase

Question 166

Multiple Choice

Which of the following could explain why there is an increase in potential GDP but the equilibrium level of GDP does not rise?


A) SRAS shifted to the right by more than LRAS.
B) AD shifted to the right by more than SRAS.
C) AD shifted to the right by less than SRAS.
D) SRAS and AD do not shift.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q161: Which of the following is one explanation

Q162: In the dynamic aggregate demand and aggregate

Q163: An increase in the price level will<br>A)shift

Q164: If workers leave a country to seek

Q165: The impact of Hurricane Katrina on consumers

Q167: The recession of 2007-2009 began in _,with

Q168: If the U.S.dollar decreases in value relative

Q169: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2

Q170: During the recession of 2007-2009 in the

Q171: Long-run macroeconomic equilibrium occurs when the aggregate