Which of the following would cause the long-run aggregate supply curve to shift rightward?
A) a rise in energy prices
B) a drop in the actual price level
C) workers opting for more leisure time and less time on the job
D) a level of investment spending that is less than depreciation of the capital stock
E) a technological breakthrough with widespread practical applications that occurs in the microcomputer industry
Correct Answer:
Verified
Q165: An increase in the federal minimum wage
Q166: Given the aggregate demand curve,a beneficial supply
Q167: The potential level of output can be
Q168: Which of the following is true of
Q169: Floods in the midwest that diminish farm
Q171: Which of the following supply shocks would
Q172: An adverse supply shock could increase both
Q173: The capital stock increases
A)whenever money in circulation
Q174: Exhibit 10-9 Q175: The main effect of an increase in![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents