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Author Question: Some researchers have been unable to find evidence of increasing returns to human capital. ... (Read 106 times)

appyboo

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on: Jun 29, 2018
Some researchers have been unable to find evidence of increasing returns to human capital.
 
  Indicate whether the statement is true or false

Question 2

Refer to Figure 27-1. Suppose the economy is in short-run equilibrium above potential GDP and automatic stabilizers move the economy back to long-run equilibrium.
 
  Using the static AD-AS model in the figure above, this would be depicted as a movement from
  A) D to C. B) C to B. C) A to E. D) B to A. E) E to A.


TheDev123

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


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