This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are three causes of supply-side inflation? What will be an ideal ... (Read 19 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jun 30, 2018
What are three causes of supply-side inflation?
 
  What will be an ideal response?

Question 2

A temporary embargo on oil from the Middle East going in to the United States would
 
  A) shift both the short-run and long-run aggregate supply curves to the left.
  B) shift only the short-run aggregate supply curve to the left.
  C) shift the long-run aggregate supply curve to the right.
  D) shift only the long-run aggregate supply curve to the left.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dudman123

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 30, 2018
Answer to Question 1

Shifting the LRAS to the left can be caused by any of the following factors: a reduction in the labor force, a reduction in the labor force participation rate, higher marginal taxes on businesses, and government programs which act as incentives for unemployed workers to not go back to work.

Answer to Question 2

B


CBme

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Gracias!

TheDev123

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Palpating the Apical Impulse with the Patient on the Left Side Palpating the Apical Impulse with the Patient on the Left Side
supply chain supply chain
Most air filter housings are located on the side of the engine compartment and use flexible rubber ... Most air filter housings are located on the side of the engine compartment and use flexible rubber ...
The dorsal-column medial-lemniscus system. The pathways from only one side of the body are shown. The dorsal-column medial-lemniscus system. The pathways from only one side of the body are shown.
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
Video: Major Elements in Biological Molecules: Nucleic acids

For a complete list of videos, visit our video library