Author Question: Technological advances lead to ________. A) a shift of the short run AS curve up B) a shift of ... (Read 28 times)

audie · **on:** Jun 30, 2018

Technological advances lead to ________.

A) a shift of the short run AS curve up
B) a shift of the long run AS curve to the left
C) an upward movement along the long run AS curve
D) all of the above
E) none of the above

Question 2

Panel (a) in Figure 6.1 depicts

a. low interest elasticity of money demand.
b. high interest elasticity of money demand.
c. no interest elasticity of money demand, which is the same as Panel (b).
d. None of the above