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Author Question: The main effect of a decrease in the stock of capital is a(n): a. rightward shift of the short-run ... (Read 63 times)

jenna1

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on: Jun 30, 2018
The main effect of a decrease in the stock of capital is a(n):
 a. rightward shift of the short-run aggregate supply curve.
  b. rightward shift of the aggregate demand curve.
 c. leftward shift of the long-run aggregate supply curve.
  d. leftward shift of the aggregate demand curve.
 e. increase in the price and output levels.

Question 2

Which of the following variables are assumed to be more or less constant in the quantity theory of money equation?
 a. The price level
 b. The real GDP
 c. The money supply
 d. The nominal GDP
 e. The velocity of money


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janeli1

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

c

Answer to Question 2

e


jenna1

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Reply 2 on: Jun 30, 2018
Wow, this really help

ghepp

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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