An increase in the federal minimum wage will shift the long-run ...

[D2AR0N]

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.

[ktidd]

Answer to Question 1

True

Answer to Question 2

a

[D2AR0N]

Wow, this really help

[amit]

Thanks for the timely response, appreciate it