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Author Question: The main effect of an increase in capital stock is a(n): a. rightward shift of the long-run ... (Read 46 times)

2125004343

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on: Jun 30, 2018
The main effect of an increase in capital stock is a(n):
 a. rightward shift of the long-run aggregate supply curve.
  b. rightward shift of the aggregate demand curve.
 c. leftward shift of the long-run aggregate supply curve.
  d. leftward shift of the aggregate demand curve.
 e. increase in price and output levels.

Question 2

If the money supply is 1,000 . the price level is 3, and real income (or output) is 5,000 . then the velocity of money is _____.
 a. 0.2
 b. 0.6
 c. 1.67
  d. 5
 e. 15


Yixagurpuldink

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

a

Answer to Question 2

e


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