Author Question: All of the following shift the LAS curve EXCEPT A) a change in the capital stock. B) an increase ... (Read 28 times)

Melani1276 · **on:** Jun 29, 2018

All of the following shift the LAS curve EXCEPT

A) a change in the capital stock.
B) an increase in the money wage rate.
C) an increase in the stock of human capital.
D) technological progress.

Question 2

Suppose the U.S. interest rate is 6 percent and the world interest rate is 5 percent. The U.S. interest differential is

A) -1 percent.
B) 1.2 percent.
C) 1 percent.
D) -0.83 percent.