Author Question: What would happen to the short-run and long-run aggregate supply curves if the capital stock grew ... (Read 114 times)

2125004343

  • Hero Member
  • *****
  • Posts: 566
What would happen to the short-run and long-run aggregate supply curves if the capital stock grew and available supplies of natural resources expanded over the same period of time?

Question 2

National debt can be defined as:
 a. the total money supply in the economy.
  b. the total stock of government bonds outstanding.
  c. the difference between real GDP and potential GDP.
  d. the change in fiscal deficit that results from an increase in government spending.
  e. the total volume of private investment in the country.



sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

Both short-run and long-run aggregate supply would shift to the right causing a permanent increase in aggregate supply, since both of these changes act in that direction.

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

For a complete list of videos, visit our video library