Productivity relates to O working longer over time. O working harder over time. O producing the same output with more labor hours. O producing the same output with fewer labor hours. Question 42 The total of all planned production for the entire economy is known as O aggregate supply. O aggregate demand. O aggregate expenditures. O aggregate inflation. Question 43 The long-run aggregate supply curve will shift outward to the right when Othere is economic growth. O the real-balance effect increases. O the amount of labor decreases. O the price level decreases. Question 44 A weakening in consumer confidence causes a O movement down along the aggregate demand curve. O movement up along the aggregate demand curve. O shift of the aggregate demand curve to the right. O shift of the aggregate demand curve to the left.
Productivity relates to O working longer over time. O working harder over time. O producing the same output with more labor hours. O producing the same output with fewer labor hours. Question 42 The total of all planned production for the entire economy is known as O aggregate supply. O aggregate demand. O aggregate expenditures. O aggregate inflation. Question 43 The long-run aggregate supply curve will shift outward to the right when Othere is economic growth. O the real-balance effect increases. O the amount of labor decreases. O the price level decreases. Question 44 A weakening in consumer confidence causes a O movement down along the aggregate demand curve. O movement up along the aggregate demand curve. O shift of the aggregate demand curve to the right. O shift of the aggregate demand curve to the left.
Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter33: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 4CQQ
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