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Author Question: Long-run aggregate supply will decrease for all of the following reasons EXCEPT A) reduced money ... (Read 108 times)

KWilfred

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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.


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Anna

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

A

Answer to Question 2

D


KWilfred

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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