If the aggregate supply curve shifts outward, then unemployment
A. and inflation will both decrease.
B. and inflation will both increase.
C. will increase and inflation will decrease.
D. will decrease and inflation will increase.
Answer: A
You might also like to view...
Refer to the below graphs. (Assume that the pre-migration labor force in Country A is 100 and that it is 150 in country B.) What part of domestic output in country B is the total wage bill before and after the immigration?
A. $1,700M before and $2,250M after
B. $2,250M before and $1,700M after
C. $1,500M before and $2,250M after
D. $1,700M before and $1,500M after
One reason there is political opposition to international trade is that:
A. not everyone benefits from trade. B. the differences in opportunity costs between countries are small. C. trade does not increase the total value of goods and services produced by a nation. D. the potential gains from specialization and trade are small.
Expected value is defined as
a. the profit on a fair bet. b. the most likely outcome of a given experiment. c. the outcome that will occur on average for a given experiment. d. the relative frequency with which an event will occur.
Leverage is essential to a bank's profitability but it also increases risk
a. True b. False Indicate whether the statement is true or false