Author Question: An increase in the quantity of capital increases ________ and increase in the full-employment ... (Read 70 times)

Mr. Wonderful · **on:** Jun 29, 2018

An increase in the quantity of capital increases ________ and increase in the full-employment quantity of labor increases ________.

A) the SAS and the LAS; only the SAS
B) the SAS and the LAS; only the LAS
C) the SAS and the LAS; the SAS and the LAS
D) only the LAS; the SAS and the LAS

Question 2

Which of the following is not a phase or turning point of the business cycle?

A) recession
B) expansion
C) shutdown
D) trough