Multiple Choice
Increases in the quality of inputs that do not affect the quantity of those inputs,
A) shift LAS rightward but not SAS.
B) increase aggregate quantity supplied.
C) shift both LAS and SAS rightward.
D) shift SAS rightward but not LAS.
E) shift LAS rightward and increase aggregate quantity supplied.
Correct Answer:
Verified
Correct Answer:
Verified
Q4: The long run is a period of
Q5: Which increases aggregate demand?<br>A) earthquake destruction.<br>B) technological
Q6: For the "Yes - Markets Self-Adjust" camp,
Q7: An increase in the price level means
Q8: An increase in interest rates is a
Q10: Increases in the quality of inputs that
Q11: Supply plans to increase inputs affect both
Q12: Which is a positive demand shock?<br>A) earthquake
Q13: Price stability is represented by points on
Q14: The "Yes - Markets Self-Adjust" camp argues