The movement of the vertical _____ curve to the _____ reflects the increase in potential output on account of the development of new technologies, and increase in the quantity and quality of resources

a. long-run aggregate supply; right
b. short-run aggregate supply; right
c. short-run aggregate demand; left
d. long-run aggregate demand curve; left
e. long-run aggregate supply; left

a

Economics

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Are the goals of monetary policy in harmony or in conflict (a) in the long run and (b) in the short run?

What will be an ideal response?

Economics

There is no longer much debate among economists concerning the severity of and the solution to the problems in using the CPI to measure the cost of living

a. True b. False Indicate whether the statement is true or false

Economics