The ________,the ________ is the quantity of real GDP supplied.
A) lower the price level;greater
B) higher the price level;greater
C) greater the demand for labor;smaller
D) lower the supply of labor;greater
E) lower aggregate demand;greater
Correct Answer:
Verified
Q1: Potential GDP
A)increases as the price level increases
Q2: Moving along the AS curve,when the price
Q4: The slope of the aggregate supply curve
Q5: _ increases the quantity of real GDP
Q6: Moving along the aggregate supply curve,when the
Q7: Which of the following is true?
A)Aggregate supply
Q8: Moving along the potential GDP line,when the
Q9: The line showing potential GDP is a
Q10: The slope of the aggregate supply curve
Q11: Over a business cycle,the quantities of capital,human
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