This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is most likely to increase long-run aggregate supply in an economy? a. A ... (Read 37 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
Which of the following is most likely to increase long-run aggregate supply in an economy?
 a. A decrease in the size of the labor force
 b. A deterioration in the quality of the labor force
  c. A reduction in the cost of using computers
 d. An increase in the price level
 e. An increase in aggregate demand

Question 2

Which of the following is true of the equation of exchange?
 a. It states that the product of the price level and velocity of money is equal to real GDP.
  b. It states that aggregate demand in an economy is equal to total investment spending.
  c. It states that money supply times velocity of money equals real GDP.
 d. It states that velocity of money is equal to the ratio of nominal GDP and money supply.
  e. It changes to the quantity theory of money if the price level is assumed to be constant.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


vinney12

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jun 30, 2018
Correct answers!


olivia_paige29

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Long-Term Potentiation Long-Term Potentiation
Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first Changes in Synaptic Density From Birth to Age 2 Synaptic connections increase throughout the first
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ... Long-term Potentiation in the granule cell layer of the rat hippocampal dentate gyrus. (Traces ...
Brush off the back. Apply several long brushing strokes from head to hips to finish the session. Brush off the back. Apply several long brushing strokes from head to hips to finish the session.
Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ... Clear the lower leg with long strokes. Start proximal to the ankle, and stroke to the knee and ...
Video: Burn Animation

For a complete list of videos, visit our video library