An increase in ________ increases potential GDP and ________ aggregate supply
A) the money price of oil; decreases
B) the money wage rate; decreases
C) the money wage rate; increases
D) technology; decreases
E) technology; increases
E
Economics
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Refer to Figure 8A.2. Compared to curve s1Y, curve s2Y represents
A) a decrease in depreciation. B) a decrease in original capital stock. C) a higher saving rate. D) a decrease in capital deepening.
Economics
In which decade did the U.S. federal government first establish a system of agricultural price supports?
A) 1990s B) 1970s C) 1950s D) 1930s
Economics