Which of the following mechanisms helps output to return to potential after a supply shock?
a. A change in the nominal wage
b. Changes in business decision making strategies
c. Changes in the capital stock
d. The rigidity of the price level
e. Changes in inventories
A
Economics
You might also like to view...
A shift of the demand curve to the left represents
A) an increase in demand. B) a decrease in demand. C) an increase in quantity demanded. D) a decrease in quantity demanded.
Economics
The true causal effect might not be the same in the population studied and the population of interest because
A) of differences in characteristics of the population B) of geographical differences C) the study is out of date D) all of the above
Economics