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Author Question: Refer to Figure 21-1. Which of the following is consistent with the graph depicted above? A) ... (Read 31 times)

mwit1967

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on: Jun 29, 2018
Refer to Figure 21-1. Which of the following is consistent with the graph depicted above?
 
  A) Households become spendthrifts and begin to save less.
  B) An expected recession decreases the profitability of new investment.
  C) The government runs a budget surplus.
  D) Technological change increases the profitability of new investment.
 
  Figure 21-2

Question 2

If stricter immigration laws are imposed and many foreign workers in the United States are forced to go back to their home countries
 
  A) we will move up along the long-run aggregate supply curve.
  B) we will move down along the long-run aggregate supply curve.
  C) the long-run aggregate supply curve will shift to the right.
  D) the long-run aggregate supply curve will shift to the left.


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moormoney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

D


mwit1967

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Reply #2 on: Jun 29, 2018
Thank you


moormoney

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Reply #3 on: Jun 29, 2018
No problemo


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