An increase in the capital stock would shift the production function _______ and the long-run aggregate supply curve to the _______.
A. upward; right
B. upward; left
C. downward; left
D. to the right; right
Ans: A. upward; right
Economics
You might also like to view...
What occurred during the Free Banking Era?
a. Currency varied widely from state to state. b. Repaying of loans was not closely monitored. c. The Second Bank of the United States was established. d. The dollar bill was introduced.
Economics
Refer to Figure 4-3. Kendra's marginal benefit from consuming the third ice cream cone is
A) $13.00. B) $2.50. C) $1.50. D) $0.50.
Economics