A technological advance ________ aggregate supply, shifting the ...

[londonang]

A technological advance ________ aggregate supply, shifting the aggregate supply curve ________ and potentially bringing the ________ phase of the business cycle.
 
  A) decreases; rightward; expansion
  B) decreases; leftward recession
  C) increases; rightward; expansion
  D) increases; rightward; recession
  E) increases; leftward; expansion

Question 2

If quantity of milk is measured on the horizontal axis and quantity of juice is measured on the vertical axis, a decrease in the price of milk will cause the budget constraint to:
 
  A) pivot rightward along the vertical axis.
  B) pivot rightward along the horizontal axis.
  C) shift to the left.
  D) shift to the right.

[braelync]

Answer to Question 1

C

Answer to Question 2

B

[londonang]

TYSM

[irishcancer18]

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