According to the real business cycle? theory, technological change A. can initially decrease productivity. B. is caused
Question:
According to the real business cycle? theory, technological change
A.
can initially decrease productivity.
B.
is caused by changes in productivity.
C.
never increases productivity.
D.
always increases productivity.
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Suppose the country of Mooland imposes tariffs on imported beef from the country of Aqualand. As a result of the? tariffs, the
A.
quantity of beef imported by Mooland decreases.
B.
quantity of beef exported by Mooland increases.
C.
price of beef in Mooland falls.
D.
quantity of beef imported by Mooland increases.
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As the money wage rate? rises,
A.the
shortminus?run
aggregate supply curve shifts rightward.
B.both the
longminus?run
aggregate supply curve and the
shortminus?run
aggregate supply curve shift leftward.
C.the
longminus?run
aggregate supply curve shifts rightward.
D.the
shortminus?run
aggregate supply curve shifts leftward.
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez