Refer to Figure 13-2. Ceteris paribus, an increase in the labor force would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
A
Economics
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Which of the following could cause economic growth?
a. Growth in productivity b. Growth in the employment-population ratio c. Growth in the average number of hours worked d. Growth in the population e. All of these
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The main goal of fiscal policy should always be to
a. generate a budget deficit. b. balance the budget. c. balance C + I with government spending. d. balance aggregate demand with aggregate supply.
Economics