Author Question: Technological advances: a. Shift only the short run aggregate supply curve to the right. b. Shift ... (Read 60 times)

FButt

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Technological advances:
 a. Shift only the short run aggregate supply curve to the right.
 b. Shift only the long run aggregate supply curve to the right.
 c. Shift both short run and long run aggregate supply curves to the right.
  d. Do none of the above

Question 2

When the price level in an economy falls, the demand for bonds and other nonmonetary financial assets rises.
 a. True
  b. False
  Indicate whether the statement is true or false



amandalm

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Answer to Question 1

c

Answer to Question 2

True



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