Which of the following would shift the long-run aggregate supply curve right?

a. both an increase in the capital stock and an increase in the price level
b. an increase in the capital stock, but not an increase in the price level
c. an increase in the money supply, but not an increase in the capital stock
d. neither an increase in the money supply nor an increase in the capital stock


b

Economics

You might also like to view...

All of the following are incomes earned in the factor market EXCEPT

A) wages. B) prices of goods and services. C) rents. D) profits.

Economics

Qualitatively, an increase in government purchases has the same impact as an increase in autonomous ________

A) consumption B) investment C) net exports D) all of the above E) none of the above

Economics

Which of the following is a determinant of Investment spending?

A. Real income B. Expected future income C. Taxes D. Wealth

Economics

Describe what the unemployment rate and the employment rate measure. If we were to sum the unemployment rate and the employment rate, would that sum be equal to one hundred percent? Explain why or why not

Economics