Which of the following effects will not increase (i.e., shift to the right) the aggregate supply curve?
a. An increase in the average national price level.
b. An appreciation of the domestic currency.
c. An increase in the number of immigrants.
d. All of these answers are correct.
e. None of these answers are correct.
.A
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Net investment equals
A) capital stock minus depreciation. B) gross investment minus depreciation. C) the total quantity of plant, equipment and buildings. D) gross investment/depreciation.
Labor productivity is calculated by dividing GDP by
a. population. b. the price level. c. capital stock d. labor force.
Which of the following events could increase the demand for labor?
a. a decrease in output price. b. a decrease in the amount of capital available for workers to use. c. an increase in the marginal productivity of workers. d. All of the above are correct.
Kristi and Rebecca sell lemonade on the corner for $0.50 per cup. It costs them $0.10 to make each cup. On a certain day, their producer surplus is $20 . How many cups did Kristi and Rebecca sell?
a. 40. b. 200. c. 8. d. 50.