When drawn against the real interest rate, the output supply curve unambiguously shifts to the right if
A) current capital decreases.
B) current total factor productivity decreases.
C) future total factor productivity decreases.
D) current or future taxes increase.
D
Economics
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To compute a monthly consumer price index, we need
A) data about consumption habits in every month. B) data about item prices every month. C) fixed exchange rates. D) the GDP or GNP deflator.
Economics
The American Recovery and Reinvestment Act of 2009 was implemented primarily to:
A. reduce inflationary pressure caused by oil price increases. B. curb the overspending by households that contributed to the Great Recession. C. bring the federal budget back into balance. D. stimulate aggregate demand and employment.
Economics