This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following does not influence the position of the long-run aggregate supply curve? a. ... (Read 41 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
on: Jun 30, 2018
Which of the following does not influence the position of the long-run aggregate supply curve?
 a. The quantity of raw materials available for production
  b. The quantity of capital used in production
 c. The quality of the labor force
 d. The actual price level
 e. The size of the labor force

Question 2

Given an upward sloping aggregate supply curve, which of the following changes in the aggregate demand curve is observed when the Fed reduces the money supply?
 a. The aggregate demand curve shifts leftward, lowering real GDP and the price level.
 b. The aggregate demand curve shifts leftward, raising real GDP and the price level.
 c. The aggregate demand curve shifts leftward, lowering real GDP but raising the price level.
  d. The aggregate demand curve shifts rightward, raising real GDP and the price level.
 e. The aggregate demand curve shifts rightward, lowering real GDP but raising the price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheNamesImani

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


go.lag

  • Member
  • Posts: 667
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Anatomical position of axillary and clavicular lymph Anatomical position of axillary and clavicular lymph
Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu Blocked at every turn by congressional Republicans who hated him, President Obama turned to techniqu
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
A typical ECT sensor temperature versus voltage curve. A typical ECT sensor temperature versus voltage curve.
Using the same hand position as in Step 3, apply circular friction along paraspinal muscles of the ... Using the same hand position as in Step 3, apply circular friction along paraspinal muscles of the ...
Traction neck with head in neutral position. With recipient’s face directly up, hold head at ... Traction neck with head in neutral position. With recipient’s face directly up, hold head at ...
Video: Allergic Rhinitis

For a complete list of videos, visit our video library