A sustained increase in total output is possible only if the aggregate
A) Supply curve shifts to the left.
B) Demand curve shifts to the left.
C) Supply curve shifts to the right.
Correct Answer:
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Q1: If a country currently produces a mix
Q3: In the short run,movement toward a fixed
Q4: Economists define economic growth in terms of
Q5: Which of the following also occurs as
Q6: The percentage change in real GDP from
Q7: An economy experiences economic growth whenever
A)Nominal GDP
Q8: Economic growth
A)Is measured using real GDP.
B)Shifts the
Q9: Long-run economic growth can occur as the
Q10: If a country moves from a point
Q11: The alternative combinations of final goods and
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