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Author Question: Which of these is most likely to shift the long-run aggregate supply curve to the left? a. An ... (Read 40 times)

Chloeellawright

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Which of these is most likely to shift the long-run aggregate supply curve to the left?
 a. An increase in the average workweek
  b. An improvement in technology
 c. A civil war
 d. A decrease in aggregate demand
 e. A decline in global oil prices

Question 2

If the money supply is 600, the price level is 2, and real GDP is 300, the velocity of money is _____.
 a. 1
 b. 150
 c. 300
 d. 600
 e. 1,200



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nicoleclaire22

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Answer to Question 1

c

Answer to Question 2

a





 

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