Author Question: Economic growth would be illustrated by A) a rightward shift of aggregate demand. B) a leftward ... (Read 45 times)

jparksx

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Economic growth would be illustrated by
 
  A) a rightward shift of aggregate demand.
  B) a leftward shift of aggregate demand.
  C) a rightward shift of aggregate supply.
  D) a leftward shift of aggregate supply.

Question 2

For a country in autarky, the opportunity cost of the good on the horizontal axis is the same as
 
  A) the relative price of the good on the vertical axis.
  B) the relative price of the good on the horizontal axis.
  C) the opportunity cost of the good on the vertical axis.
  D) the nominal price of the good on the horizontal axis.


flannelavenger

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Answer to Question 1

C

Answer to Question 2

B



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