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Author Question: The slope of the aggregate supply curve shows that, all else the same, the A) quantity of real ... (Read 67 times)

geoffrey

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on: Jun 30, 2018
The slope of the aggregate supply curve shows that, all else the same, the
 
  A) quantity of real GDP supplied increases as the price level increases.
  B) price level remains constant as potential GDP increases.
  C) price level remains constant as real GDP increases.
  D) quantity of real GDP supplied remains constant as the price level increases.
  E) quantity of real GDP supplied decreases as the price level increases.

Question 2

The above figure shows the market for laptops. Which of the following causes a movement from A to B?
 
  A) a decrease in the number of laptop manufactures and sellers
  B) an increase in the cost of hard drives
  C) an increase in the productivity of the workers manufacturing laptops
  D) a decrease in the price of laptops
  E) an increase in the price of laptops


kescobar@64

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

E


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