An economy has experienced a rightward shift of its long-run aggregate supply curve and is now producing on that new long-run aggregate supply curve.
It is reasonable to expect that:
A. productivity has fallen.
B. the price level has risen.
C. the inflation rate has risen.
D. the cyclical unemployment rate has been unaffected.
E. the cyclical unemployment rate has fallen.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An economy has experienced a rightward shift of its long-run aggregate supply curve and is now producing on that new long-run aggregate ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Jimmy rents a chainsaw from the department store to work on his yard. the total cast c (x) in dollars is given by c (x) = 9.99+3.00x, where x is the number of days he rents the chainsaw
Answers (1)
Which of the following is NOT a positive trait that sets Jack Ma apart as a leader? Intelligence Machiavellianism Self-confidence High levels of energy and activity Task-relevant knowledge
Answers (1)
Why might a letter-writing campaign get a company to change its business practices?
Answers (1)
On a large construction project, the price of dry wall is $.40 per square foot and spraying the dry wall with textured plaster is $.45 per square yard. how much must the builder pay for sprayed dry wall that is 100 square yards?
Answers (1)
LO 2.1Identify the three primary classifications of businesses and explain the differences among the three.
Answers (1)
New Questions in Business
Robot Corporation is liquidated, with Marty receiving property having an adjusted basis of $60,000 and an FMV of $90,000. The property is subject to a $80,000 mortgage, which Marty assumes. Marty's basis in the Robot stock surrendered is $50,000.
Answers (1)
Sales and commission are based on selling price, not the costs you have been provided. Labor: 13.8 hours at 18.75 per hour Overhead: 92% of labor Material Costs: $65.
Answers (1)
When airbnb customers in malibu start paying hotel taxes, this will have the potential to raise the equilibrium price in this market and, therefore, decrease efficiency.
Answers (1)
Curtain Co. paid dividends of $14,000; $17,500; and $21,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,400 shares of 7.0%, $100 par value preferred stock outstanding that paid a cumulative dividend.
Answers (1)
In order to accomplish the productivity plan, several Subject Matter Experts from various parts of the organizational have been enlisted. As a result, you have noticed friction and conflict among team members.
Answers (1)