Author Question: If workers leave a country to seek out better opportunities in another country, then this will A) ... (Read 43 times)

yoooooman · **on:** Jun 29, 2018

If workers leave a country to seek out better opportunities in another country, then this will

A) shift the short-run aggregate supply curve of the original country to the right.
B) shift the short-run aggregate supply curve of the original country to the left.
C) move the original economy up along a stationary short-run aggregate supply curve.
D) move the original economy down along a stationary short-run aggregate supply curve.

Question 2

Discuss the correct and incorrect economic analysis in the following statements.

If a disease kills a large number of turkeys, the supply of turkeys will decrease. This will result in a price increase, which will then cause the supply of turkeys to increase.

kilada · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

The supply of turkeys will decrease resulting in a higher equilibrium price and a lower equilibrium quantity but the higher price will not shift the supply curve for turkeys.