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Author Question: Potential output depends on all of the following except one. Which is the exception? a. The supply ... (Read 25 times)

berenicecastro

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on: Jun 30, 2018
Potential output depends on all of the following except one. Which is the exception?
 a. The supply of labor
 b. Labor productivity
 c. Household choices regarding labor and leisure
  d. The technology in current use
 e. The number of consumers in the market

Question 2

An increase in the nominal interest rate, other things constant, will:
 a. shift the money demand curve to the right.
 b. shift the money demand curve to the left.
 c. increase the quantity of money people choose to hold.
  d. decrease the quantity of money people choose to hold.
  e. have no impact on the money demand curve.


CAPTAINAMERICA

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


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