Author Question: An advance in technology that results in increased productivity results in a A) rightward shift ... (Read 92 times)

Yi-Chen · **on:** Jun 29, 2018

An advance in technology that results in increased productivity results in a

A) rightward shift of the labor supply curve.
B) rightward shift of the labor demand curve.
C) rightward shift of both the labor supply and labor demand curves.
D) no change to the production function.

Question 2

In the figure above, the shift in the demand curve for U.S. dollars from D0 to D2 could occur when

A) the U.S. interest rate falls.
B) the U.S. interest rate rises.
C) people expect that the dollar will appreciate.
D) foreign interest rates fall.