Author Question: Inflation occurs over time as a result of A) long-run aggregate supply increasing faster than ... (Read 118 times)

lidoalex · **on:** Jun 29, 2018

Inflation occurs over time as a result of

A) long-run aggregate supply increasing faster than aggregate demand.
B) long-run aggregate supply increasing faster than short-run aggregate supply.
C) decreases in aggregate demand.
D) aggregate demand increasing faster than long-run aggregate supply.

Question 2

Some observers opposing free trade argue that when we buy shoes from Brazil, U.S. workers lose their jobs. The fact of the matter is that

A) no U.S. worker has actually lost a job because of free trade.
B) most jobs lost because of free trade pay less than the poverty level.
C) free trade creates jobs in export industries.
D) the jobs lost are really in Brazil.