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Author Question: The long-run aggregate supply curve is the relationship between the quantity of real GDP supplied ... (Read 192 times)

ap345

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on: Jun 29, 2018
The long-run aggregate supply curve is the relationship between the quantity of real GDP supplied and ________ when ________.
 
  A) the price level; real GDP equals potential GDP
  B) real GDP demanded; the wage rate is constant
  C) the price level; real GDP equals nominal GDP
  D) real GDP demanded; the price level does not change

Question 2

A decrease in the demand for loanable funds and a leftward shift of the demand for loanable funds curve results from
 
  A) an increase in the real interest rate.
  B) technological improvements.
  C) tax cuts.
  D) decreases in the expected profit.


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matt

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

A

Answer to Question 2

D


ap345

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

strudel15

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

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