[Answered] A decrease in nominal incomes causes a leftward shift in the short-run aggregate supply curve ...

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Author Question: A decrease in nominal incomes causes a leftward shift in the short-run aggregate supply curve ... (Read 62 times)

berenicecastro

Hero Member
Posts: 581

on: Jun 30, 2018

A decrease in nominal incomes causes a leftward shift in the short-run aggregate supply curve (SRAS).
a. True
b. False
Indicate whether the statement is true or false

Question 2

According to the text, Ireland and Israel are classified as less developed countries (LDCs).
a. True
b. False
Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

dellikani2015

Sr. Member
Posts: 332

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

False

berenicecastro

Member
Posts: 581

Reply 2 on: Jun 30, 2018

Excellent

bdobbins

Member
Posts: 326

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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