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Author Question: An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left. ... (Read 85 times)

D2AR0N

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An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Most policy makers agree that in the long run, changes in the money supply influence:
 a. the price level and inflation.
 b. the real interest rate and aggregate demand.
  c. the planned investment expenditure.
 d. the exchange rate.
 e. the potential GDP and unemployment.



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ktidd

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Answer to Question 1

True

Answer to Question 2

a




D2AR0N

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Reply 2 on: Jun 30, 2018
Excellent


carlsona147

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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