A rise in labor productivity will MOST likely result in a(n) :
A) increase in aggregate demand.
B) increase in aggregate demand
C) decrease in aggregate demand.
D) decrease in aggregate demand
E) decrease in aggregate supply
F) decrease in aggregate supply.
G) increase in aggregate supply
H) increase in aggregate supply.
Correct Answer:
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Q152: If declining labor union membership causes workers
Q153: (Figure: Aggregate Supply) Use Figure: Aggregate Supply.
Q154: (Figure: Aggregate Supply) Use Figure: Aggregate Supply.
Q155: The level of output that is produced
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Q158: Suppose that consumer expectations improve. This will
Q159: The short-run aggregate supply curve is:
A)downward sloping.
B)downward
Q160: Assuming that prices remain constant, suppose that
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Q162: (Figure: Shift of the Aggregate Demand Curve)
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