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Author Question: Which of the following will NOT shift the short-run aggregate supply (SRAS) curve? A) a reduction ... (Read 81 times)

moongchi

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Which of the following will NOT shift the short-run aggregate supply (SRAS) curve?
 
  A) a reduction in the price of a raw material B) technological progress
  C) a change in the wage rate D) a change in the price level

Question 2

Which of the following statements has usually held TRUE about the relationship between the trade deficits and government budget deficits?
 
  A) There is a negative relationship between trade deficits and budget deficits.
  B) There is a positive relationship between trade deficits and budget deficits.
  C) There is no relationship between trade deficits and budget deficits.
  D) A relationship exists only when there is a balanced budget.



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irishcancer18

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Answer to Question 1

D

Answer to Question 2

B




moongchi

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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