Other things the same, if the long-run aggregate supply curve shifts right, prices
a. and output both increase.
b. and output both decrease.
c. increase and output decreases.
d. decrease and output increases.
d
Economics
You might also like to view...
Which of the following is the best measure of the total amount that the federal government owes to private owners of U.S. Treasury securities?
A) the government budget deficit B) the gross public debt C) government interagency borrowing D) the net public debt
Economics
Command-and-control means of regulation achieve their results more slowly but more reliably
Indicate whether the statement is true or false
Economics