An increase in the quantity of capital increases ________ and ...

[Mr. Wonderful]

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

[nathang24]

Answer to Question 1

C

Answer to Question 2

C

[Mr. Wonderful]

Thanks for the timely response, appreciate it

[alexanderhamilton]

Excellent