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Author Question: Economic growth due to labor force expansion or capital investments will result in I. A leftward ... (Read 118 times)

bobthebuilder

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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



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JYan

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Answer to Question 1

B

Answer to Question 2

C




bobthebuilder

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


skipfourms123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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