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Author Question: If potential GDP increases, A) aggregate supply increases. B) the money wage rate must have ... (Read 208 times)

Anajune7

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on: Jun 29, 2018
If potential GDP increases,
 
  A) aggregate supply increases.
  B) the money wage rate must have fallen.
  C) the quantity of aggregate supply decreases.
  D) the price level rises.
  E) aggregate supply does not change.

Question 2

Taxes can have an important effect on
 
  A) saving. B) economic growth. C) the labor supply. D) all of the above


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mirabriestensky

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

A

Answer to Question 2

D


Anajune7

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

hollysheppard095

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Reply 3 on: Yesterday
Excellent

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