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 21 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
Wow, this really help

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

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?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Gross Anatomy of a Long Bone Gross Anatomy of a Long Bone
Transformation and Evolution of a Long-Period Comet Transformation and Evolution of a Long-Period Comet
The medical assistant holds the position of the thermometer while the temperature is being obtained. The medical assistant holds the position of the thermometer while the temperature is being obtained.
Heart valves in closed position viewed from the top. Heart valves in closed position viewed from the top.
Draping for massage of leg in supine position. A. Lift the leg with one hand, and with the other ... Draping for massage of leg in supine position. A. Lift the leg with one hand, and with the other ...
Spring for the Crane and Deer. Beginning position: Legs straight and together, arms at sides of ... Spring for the Crane and Deer. Beginning position: Legs straight and together, arms at sides of ...
Video: Contraction cycle of a sarcomere

For a complete list of videos, visit our video library