1. Which of the following do not influence real economic growth in the long-run? a. Increase...
1. Which of the following do not influence real economic growth in the long-run?
a. Increase supply of currency
b. Increase in the availability of technology
c. Well established private property rights
d. increase in the amount of capital
Homework Answers
a. Increase supply of currency - is correct
Increase in supply of currency increases real gdp only in short run.
Add Answer to:
1. Which of the following do not influence real economic growth
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Which of the following is most closely related to recessions? ABC A. positive long-run economic growth...
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8. The long run aggregate supply curve is a vertical line. It is so because it has nothing to do with the price level. It is rather determined by availability of economic resources and technology. How will the followings shift the long run aggregate supply (LRAS) curve? to the right to the left? a climate change permanently reduces the amount of land that can be farmed. b. immigration increases the available supply of labor. c. ageing population takes workers out...
Which of the following is most closely related to recessions? ABC A. positive long-run economic growth B. rapid growth in the price level C. falling rates of unemployment D. negative real growth in output
Please answer the following questions:
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