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 53 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

Jsherida

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Thymus gland. (A) Appearance and position; (B) with anatomic structures. Thymus gland. (A) Appearance and position; (B) with anatomic structures.
Anatomical position of major neck structures Anatomical position of major neck structures
A port fuel-injected engine that is equipped with long, tuned intake-manifold runners. A port fuel-injected engine that is equipped with long, tuned intake-manifold runners.
Correct wrist position while performing compression. A. Correct wrist position for compression ... Correct wrist position while performing compression. A. Correct wrist position for compression ...
The Kuznets Curve The Kuznets Curve
The Serial-Position Effect The Serial-Position Effect
Video: Conjunctivitis

For a complete list of videos, visit our video library