Author Question: In the classical model, the aggregate supply curve A) is not related to the employment rate. B) ... (Read 69 times)

bb · **on:** Jun 30, 2018

In the classical model, the aggregate supply curve

A) is not related to the employment rate.
B) is horizontal.
C) is positively sloped.
D) is consistent with the natural rate of unemployment.

Question 2

The development of a strain of wheat that will yield two crops per year rather than one crop per year is an example of economic growth resulting from

A) increased gross investment. B) technological progress.
C) an increase in per capita real income. D) capital accumulation.