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Author Question: Which of the following events will increase long-run aggregate supply? A) an increase in the ... (Read 78 times)

cabate

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on: Jun 29, 2018
Which of the following events will increase long-run aggregate supply?
 
  A) an increase in the interest rate
  B) an increase in resource prices
  C) a decrease in expected profit
  D) an advance in technology

Question 2

As an economic concept, scarcity applies to
 
  A) both money and time.
  B) money but not time.
  C) time but not money.
  D) neither time nor money.


mjenn52

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

D

Answer to Question 2

A


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