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Author Question: Assume an economy experiences an increase in productivity that occurs as a result of the more ... (Read 94 times)

HCHenry

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on: Jun 30, 2018
Assume an economy experiences an increase in productivity that occurs as a result of the more efficient use of existing technologies. Given this information, we would expect which of the following to occur?
 
  A) aggregate demand would not change
  B) aggregate demand would shift to the right
  C) aggregate demand would shift to the left
  D) both the aggregate demand and aggregate supply curves would shift to the left

Question 2

Which of the following is a liability for the central bank?
 
  A) currency
  B) bonds
  C) savings accounts
  D) loans
  E) checkable deposits


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joewallace

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

A


HCHenry

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

mjenn52

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Reply 3 on: Yesterday
Excellent

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