This topic contains a solution. Click here to go to the answer

Author Question: An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left. ... (Read 87 times)

D2AR0N

  • Hero Member
  • *****
  • Posts: 561
An increase in the federal minimum wage will shift the long-run aggregate supply curve to the left.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Most policy makers agree that in the long run, changes in the money supply influence:
 a. the price level and inflation.
 b. the real interest rate and aggregate demand.
  c. the planned investment expenditure.
 d. the exchange rate.
 e. the potential GDP and unemployment.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

True

Answer to Question 2

a




D2AR0N

  • Member
  • Posts: 561
Reply 2 on: Jun 30, 2018
Wow, this really help


amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library