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Author Question: A technological advance ________ aggregate supply, shifting the aggregate supply curve ________ and ... (Read 127 times)

londonang

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on: Jun 29, 2018
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.


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braelync

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


londonang

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Gracias!

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