Author Question: Long-run aggregate supply will decrease for all of the following reasons EXCEPT A) reduced money ... (Read 147 times)

KWilfred · **on:** Jun 29, 2018

Long-run aggregate supply will decrease for all of the following reasons EXCEPT

A) reduced money wages.
B) decreased human capital.
C) decrease in the level of full employment.
D) decreased capital.

Question 2

Scarcity is represented on a production possibilities frontier figure by

A) the amount of the good on the horizontal axis forgone.
B) the fact that there are only two goods in the diagram.
C) technological progress.
D) the fact there are attainable and unattainable points.