Which of the following events will increase long-run aggregate supply?
A) an increase in the interest rate
B) an increase in resource prices
C) a decrease in expected profit
D) an advance in technology
Correct Answer:
Verified
Q26: Along a short-run aggregate supply curve, a
Q27: Which of the following is TRUE about
Q28: The short-run aggregate supply curve
A) shows what
Q29: If the money wage rate and other
Q30: The long-run aggregate supply curve shows the
A)
Q32: A change in _ results in a
Q33: In the short-run
A) the aggregate supply curve
Q34: The positive relationship between short-run aggregate supply
Q35: The short-run aggregate supply curve is upward
Q36: The short-run aggregate supply curve
A) is vertical.
B)
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