This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are three causes of supply-side inflation? What will be an ideal ... (Read 31 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
What are three causes of supply-side inflation?
 
  What will be an ideal response?

Question 2

A temporary embargo on oil from the Middle East going in to the United States would
 
  A) shift both the short-run and long-run aggregate supply curves to the left.
  B) shift only the short-run aggregate supply curve to the left.
  C) shift the long-run aggregate supply curve to the right.
  D) shift only the long-run aggregate supply curve to the left.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

Shifting the LRAS to the left can be caused by any of the following factors: a reduction in the labor force, a reduction in the labor force participation rate, higher marginal taxes on businesses, and government programs which act as incentives for unemployed workers to not go back to work.

Answer to Question 2

B


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Excellent

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Color enhanced X-ray showing a pacemaker implanted in the left side of the chest and the electrode w Color enhanced X-ray showing a pacemaker implanted in the left side of the chest and the electrode w
Observable Universe Before and After Inflation Observable Universe Before and After Inflation
The letters on the side of this injector on a Cummins 6.7 liter diesel indicate the calibration ... The letters on the side of this injector on a Cummins 6.7 liter diesel indicate the calibration ...
Jostle the thigh, tossing from side to side, hand to hand. Causes loose, free movement in the hip ... Jostle the thigh, tossing from side to side, hand to hand. Causes loose, free movement in the hip ...
Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ... Mobilize the rib cage. Redrape to cover the chest, and stand to one side of the table. Place your ...
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Video: Secretin (inhibiting gastric acid secretion), Cholecystokinin (fat digestion) & Cholecystokinin

For a complete list of videos, visit our video library