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Author Question: If workers leave a country to seek out better opportunities in another country, then this will A) ... (Read 127 times)

yoooooman

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on: Jun 29, 2018
If workers leave a country to seek out better opportunities in another country, then this will
 
  A) shift the short-run aggregate supply curve of the original country to the right.
  B) shift the short-run aggregate supply curve of the original country to the left.
  C) move the original economy up along a stationary short-run aggregate supply curve.
  D) move the original economy down along a stationary short-run aggregate supply curve.

Question 2

Discuss the correct and incorrect economic analysis in the following statements.
 
  If a disease kills a large number of turkeys, the supply of turkeys will decrease. This will result in a price increase, which will then cause the supply of turkeys to increase.


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kilada

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

B

Answer to Question 2

The supply of turkeys will decrease resulting in a higher equilibrium price and a lower equilibrium quantity but the higher price will not shift the supply curve for turkeys.


yoooooman

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Reply 2 on: Jun 29, 2018
Gracias!

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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