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Author Question: An increase in the quantity of capital increases ________ and increase in the full-employment ... (Read 114 times)

Mr. Wonderful

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on: Jun 29, 2018
An increase in the quantity of capital increases ________ and increase in the full-employment quantity of labor increases ________.
 
  A) the SAS and the LAS; only the SAS
  B) the SAS and the LAS; only the LAS
  C) the SAS and the LAS; the SAS and the LAS
  D) only the LAS; the SAS and the LAS

Question 2

Which of the following is not a phase or turning point of the business cycle?
 
  A) recession
  B) expansion
  C) shutdown
  D) trough


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nathang24

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

C

Answer to Question 2

C


Mr. Wonderful

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

dreamfighter72

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Reply 3 on: Yesterday
Gracias!

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