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

Author Question: Which of the following is most likely to shift the potential output of an economy to the right? a. ... (Read 14 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jun 30, 2018
Which of the following is most likely to shift the potential output of an economy to the right?
 a. A decline in the length of the average workweek
 b. An increase in the supply of educated and skilled workers
  c. A drought
 d. An increase in aggregate demand
 e. An increase in the minimum wage received by workers

Question 2

The equation of exchange states that the quantity of money multiplied by the velocity of money equals:
 a. real Gross Domestic Product.
 b. the price level.
 c. nominal Gross Domestic Product.
  d. the turnover rate.
 e. the demand for money.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

samiel-sayed

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


penguins

  • Member
  • Posts: 903
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bulacsom

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Evolutionary shift in plant life cycle stage dominance. Evolutionary shift in plant life cycle stage dominance.
The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio. The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio.
North America and the Global Economy North America and the Global Economy
How to horizontally shift a quadratic function along the x-axis How to horizontally shift a quadratic function along the x-axis
Potential energy Vs. Kinetic energy Potential energy Vs. Kinetic energy
Effect of an Exogenous Shift in Income Effect of an Exogenous Shift in Income
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library