Author Question: Changes in which of the following shifts the aggregate supply curve? i. the price level ii. the ... (Read 67 times)

audragclark · **on:** Jun 29, 2018

Changes in which of the following shifts the aggregate supply curve?

i. the price level
ii. the money wage rate
iii. potential GDP
A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

On a graph of the consumption function, where the consumption function is below the 45 degree line, there is

A) zero disposable income.
B) saving.
C) maximum disposable income.
D) no induced consumption.
E) dissaving.