Which of the following will NOT shift the Keynesian short-run aggregate supply curve?
A) a change in input prices B) a change in technology
C) a change in the price level D) a change in profit expectations
C
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The IMF agreement forced the U.S. to exchange gold for dollars at what price?
A) $25/ ounce B) $35/ ounce C) $45/ ounce D) $55/ ounce E) $20/ ounce
In the short run, crowding out could be avoided if foreigners:
A. bought the U.S. debt at the existing interest rate. B. bought the U.S. debt at a higher interest rate. C. sold the U.S. debt at the existing interest rate. D. sold the U.S. debt at a higher interest rate.
In the above figure, what is the minimum supply price for the fourth gallon of ice cream?
A) $2.00 B) $3.00 C) $4.00 D) $5.00
The total cost (TC) of producing computer software diskettes (Q) is given as: TC = 200 + 5Q. What is the average fixed cost?
A) 500 B) 5Q C) 5 D) 5 + (200/Q) E) none of the above