Author Question: If the costs of production decrease, there is A) an increase in aggregate supply and the AS curve ... (Read 94 times)

dbose · **on:** Jun 29, 2018

If the costs of production decrease, there is

A) an increase in aggregate supply and the AS curve shifts rightward.
B) an increase in the quantity of real GDP supplied and a movement up along the AS curve.
C) a decrease in aggregate supply and the AS curve shifts leftward.
D) a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
E) an increase in aggregate supply and the AS curve shifts leftward.

Question 2

In a year, if foreigners invest ________ in the United States than the United States invests abroad, the capital and financial account balance is ________.

A) less; positive
B) more; zero
C) less; zero
D) more; positive
E) more than; negative