Which of the following statements is true?
A) An increase in potential GDP increases aggregate supply and shifts the AS curve leftward.
B) A decrease in potential GDP decreases aggregate supply and shifts the AS curve leftward.
C) An increase in the money wage rate shifts the AS curve rightward.
D) A fall in the price level shifts the AS curve leftward.
E) An increase in the money wage rate increases potential GDP.
B
Economics
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Refer to the graph shown. Which of the curves represents an inverted yield curve?
A. A B. B C. C D. D
Economics
You lend a friend $10,000 for a year. At the end of the year your friend agrees to pay you $10,700. The interest rate on this loan is
A. 0.07%. B. 7.00% C. 107%. D. indeterminate from this information.
Economics