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Author Question: An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left. ... (Read 27 times)

D2AR0N

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on: Jun 30, 2018
An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Most policy makers agree that in the long run, changes in the money supply influence:
 a. the price level and inflation.
 b. the real interest rate and aggregate demand.
  c. the planned investment expenditure.
 d. the exchange rate.
 e. the potential GDP and unemployment.


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ktidd

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Hdosisshsbshs

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  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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