Question: Macro Homework Please see the long and short run aggregate supply curve below. Identify the impact that each scenario would have on the long and
Macro Homework



Please see the long and short run aggregate supply curve below. Identify the impact that each scenario would have on the long and short run aggregate supply curves. Question 31 (1 point) New technology that increases labour productivity would cause a O rightward shift of the long run and short run aggregate supply curves 0 leftward shift of the long run and short run aggregate supply curves 0 movement along the short run aggregate supply curve 0 rightward shift of the short run aggregate supply curve My Question 32 (1 point) A tsunami that causes widespread damage throughout the country would lead to a O rightward shift in the long run and short run aggregate supply curves 0 leftward shift in the long run and short run aggregate supply curves 0 movement along the short run aggregate supply curve 0 a leftward shift in the long run aggregate supply curve o_nly_ Question 33 (1 point) Assuming oil is one of the country's biggest resource EM, a fall in the price of oi would cause a O rightward shift of the long run and short run aggregate supply curves 0 leftward shift of the long run and short run aggregate supply curves 0 movement along the short run aggregate supply curve 0 rightward shift of the short run aggregate supply curve My Question 34 (1 point) A rise in the economy's average price level would cause a O rightward shift in the long run and short run aggregate supply curves 0 leftward shift in the long run and short run aggregate supply curves 0 movement along the short run aggregate supply curve 0 leftward shift of the long run aggregate supply curve only
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
