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Author Question: A technological advance ________ the long-run aggregate supply curve and ________ the short-run ... (Read 164 times)

eruditmonkey@yahoo.com

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A technological advance ________ the long-run aggregate supply curve and ________ the short-run aggregate supply curve.
 
  A) shifts; shifts
  B) shifts; does not shift
  C) does not shift; shifts
  D) does not shift; does not shift

Question 2

In the figure above, the shift in the demand curve for U.S. dollars from D0 to D1 could occur when
 
  A) the expected future exchange rate decreases.
  B) the U.S. interest rate rises.
  C) people expect that the dollar will depreciate.
  D) foreign interest rates increase.



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kiamars2010

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Answer to Question 1

A

Answer to Question 2

B





 

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