-The change in aggregate supply from AS1 to AS2 could be caused by:
A) a reduction in the price level
B) the increased availability of entrepreneurial talent
C) an increase in business taxes
D) the wealth effect
E) the foreign trade effect
Correct Answer:
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Q16: The per-unit cost of production in the
Q17: Ceteris paribus,the real interest rate and the
Q18: The level of productivity is:
A)20
B)10
C)5
D)4
E)2
Q19: The factors that affect the amounts that
Q20: Ceteris paribus,serious recessions in the economies of
Q22: Consider the following table:
Q23: The aggregate supply curve:
A)shows the various amounts
Q24: Which of the following would not shift
Q25: Aggregate supply factors:
A)are consumption, investment, government, and
Q26: Ceteris paribus,an improvement in productivity will shift
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