Question 11 (1 point) Which of the following will decrease the short-run aggrega
ID: 1090834 • Letter: Q
Question
Question 11 (1 point)
Which of the following will decrease the short-run aggregate supply?
Question 11 options:
an increase in wages
an increase in the labor force
a decrease in net exports
a decrease in the personal income tax rates
Question 19 (1 point)
Which of the following will increase the aggregate quantity of output supplied?
Question 19 options:
an increase in input prices
an increase in the average price level
a technological advancement
an increase in net exports
Question 21 (1 point)
At output level YK,
Question 21 options:
potential output is less than actual output.
there is a surplus of real GDP.
the unemployment rate exceeds the natural rate of unemployment.
over time aggregate demand will rise to restore long-run equilibrium.
an increase in wages
an increase in the labor force
a decrease in net exports
a decrease in the personal income tax rates
Question 19 (1 point)
Which of the following will increase the aggregate quantity of output supplied?
Question 19 options:
an increase in input prices
an increase in the average price level
a technological advancement
an increase in net exports
Question 21 (1 point)
At output level YK,
Question 21 options:
potential output is less than actual output.
there is a surplus of real GDP.
the unemployment rate exceeds the natural rate of unemployment.
over time aggregate demand will rise to restore long-run equilibrium.
Explanation / Answer
1. A)
2. B)
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