Which of the following will shift the aggregate supply curve to the right? a. A new netwo
Which of the following will shift the aggregate supply curve to the right?
a. A new networking technology increases productivity all over the economy.
b. The price of oil rises substantially.
c. Business taxes fall.
d. The government passes a law doubling all manufacturing wages.
5. At the current price level, producers supply $375 billion of final goods and services while consumers purchase $355 billion of final goods and services. The price level is:
a. Above equilibrium.
b. At equilibrium.
c. Below equilibrium.
d. More information is needed.
Abhinav
05-Dec-2019