Economic growth due to labor force expansion or capital ...

[bobthebuilder]

Economic growth due to labor force expansion or capital investments will result in
 
  I. A leftward shift of short-run aggregate supply.
  II. A rightward shift in long-run aggregate supply.
  A) I only B) II only C) Both I and II D) Neither I nor II

Question 2

Refer to the figure above. If the capital stock is fixed at 300, what is the consumption in the economy?
 
  A) 3,000 B) 4,000 C) 2,000 D) 5,000

[JYan]

Answer to Question 1

B

Answer to Question 2

C

[bobthebuilder]

Thanks for the timely response, appreciate it

[Liddy]

Excellent