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

Author Question: Which of the following does not influence the position of the long-run aggregate supply curve? a. ... (Read 47 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jun 30, 2018
Which of the following does not influence the position of the long-run aggregate supply curve?
 a. The quantity of raw materials available for production
  b. The quantity of capital used in production
 c. The quality of the labor force
 d. The actual price level
 e. The size of the labor force

Question 2

Given an upward sloping aggregate supply curve, which of the following changes in the aggregate demand curve is observed when the Fed reduces the money supply?
 a. The aggregate demand curve shifts leftward, lowering real GDP and the price level.
 b. The aggregate demand curve shifts leftward, raising real GDP and the price level.
 c. The aggregate demand curve shifts leftward, lowering real GDP but raising the price level.
  d. The aggregate demand curve shifts rightward, raising real GDP and the price level.
 e. The aggregate demand curve shifts rightward, lowering real GDP but raising the price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

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

d

Answer to Question 2

a


go.lag

  • Member
  • Posts: 667
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Associative Long-Term Potentiation Associative Long-Term Potentiation
How to find the equation of a cosine curve How to find the equation of a cosine curve
An Environmental Kuznets Curve An Environmental Kuznets Curve
Composition of a long bone Composition of a long bone
Position of the Diaphragm During Inhalation and Exhalation Position of the Diaphragm During Inhalation and Exhalation
Saturation curve for hemoglobin of humans, llamas, and other mammals. Saturation curve for hemoglobin of humans, llamas, and other mammals.
Video: Metaphase I Animation

For a complete list of videos, visit our video library