Which of the following increases aggregate supply in the short-run, everything else held constant?
A) an increase in the price of crude oil
B) a successful wage push by workers
C) expectations of a higher inflation
D) a technological improvement that increases worker productivity
D
You might also like to view...
Which of the following is not a potential source of demand for real loanable funds in the U.S. real loanable funds market?
a. U.S. individuals. b. U.S. businesses c. U.S. governments (state, local, and national). d. Foreign governments, businesses, and individuals. e. All the above are potential sources of demand.
If Doug drives his car into a tree, reducing the value of the car from $15,000 to $14,000, then Doug's wealth:
A. decreases by $1,000. B. does not change. C. increases by $1,000. D. decreases by $15,000.
A firm has successfully adopted a positive technological change when
A) it can produce more output using the same inputs. B) it produces less pollution in its production process. C) it can pay its workers less yet increase its output. D) it sees an increase in worker productivity.
Any transaction that causes foreign exchange to leave a country is a
A. credit item in that country's balance of trade. B. debit item in that country's balance of payments. C. debit item in that country's balance of trade. D. credit item in that country's balance of payments.