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Author Question: If the natural rate of unemployment declines ________. A) labor is more heavily utilized B) ... (Read 65 times)

nummyann

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If the natural rate of unemployment declines ________.
 
  A) labor is more heavily utilized
  B) potential output increases
  C) the long run aggregate supply curve shifts to the right
  D) all of the above
  E) none of the above

Question 2

An increase in the demand for our exports
 
  a. increases aggregate demand and income by the amount of the investment multiplier.
  b. increases imports as well, having no impact on aggregate demand.
  c. increases aggregate demand and income by less than the amount of the investment multiplier.
  d. does not impact aggregate demand because this is consumption by foreign countries.



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johnharpe

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Answer to Question 1

D

Answer to Question 2

A





 

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