Author Question: According to classical theory, total employment and real Gross Domestic Product (GDP) are A) ... (Read 75 times)

ENagel

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According to classical theory, total employment and real Gross Domestic Product (GDP) are
 
  A) inversely related. B) negatively related. C) positively related. D) unrelated.

Question 2

Economic growth is represented on the aggregate supply model by a
 
  A) shift in the short-run aggregate supply curve to the left.
  B) shift in the long-run aggregate supply curve to the left.
  C) shift in the long-run aggregate supply curve to the right.
  D) shift in the short-run aggregate supply curve to the right.



princessflame2016

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Answer to Question 1

C

Answer to Question 2

C



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