The short-run aggregate supply curve shifts when
I. the full-employment quantity of capital changes.
II. technology advances.
A) I only
B) II only
C) neither I nor II
D) I and II
D
Economics
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At $30 each, Jack will buy 1 Blu-ray and at $25, he will purchase 2 . If the price is $20, Jack's consumer surplus is:
a. $10. b. $15. c. $20. d. $25.
Economics
The difference between the real interest rate and the nominal interest rate gives the inflation rate in an economy in a particular year
a. True b. False Indicate whether the statement is true or false
Economics