Question and answer
In late 2004, oil prices increased sharply while the rate of growth in labor productivity declined. The combination of these two factors should: A) shift the short-run aggregate supply curve
up (to the left). B) shift the short-run aggregate supply curve down (to the right). C) shift the aggregate demand curve to the right. D) shift the aggregate demand curve to the left.
a. Shift the short-run aggregate supply curve up
Expert answered|Alex S|Points 13|
Question
Asked 2/17/2013 7:55:22 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
If actual output exceeds potential output, then the economy: A) is experiencing an inflationary gap. B) is experiencing a recessionary gap. C) may be in a long-run equilibrium but is not in a short-run equilibrium. D) is in neither a short-run nor long-run equilibrium.
Weegy: If actual output exceeds potential output, then the economy: A) is experiencing an inflationary gap.... User: If autonomous expenditures are $1,000, income is $5,000, and the marginal propensity to expend is 0.6, then total expenditures according to the expenditure function would be: A) $3,000. B) $4,000. C)$5,000. D) $13,500. Weegy: If autonomous expenditures are $1,000, income is $5,000, and the marginal ... (More)
Question
Expert Answered
Asked 2/17/2013 7:32:21 AM
0 Answers/Comments
Before the Great Depression the popular view of government was: A) laissez-faire, and after the Depression the popular view of government was activist. B) activist, and after the Depression the popular view of government was laissez-faire. C) activist, and after the Depression the popular view of government was still activist. D) laissez-faire, and after the Depression the popular view of government was still laissez-faire.
Weegy: The causes of the Great Depression are a matter of active debate among economists, and are part of the larger debate about economic crises, [ although the popular belief is that the Great Depression was caused by the 1929 crash of the stock market C) activist, and after the Depression the popular view of government was still activist ] (More)
Question
Expert Answered
Updated 2/17/2013 9:04:13 AM
2 Answers/Comments

Before the Great Depression the popular view of government was: A) laissez-faire, and after the Depression the popular view of government was activist.




Added 2/17/2013 9:01:05 AM
mnagasekhar: Please provide accurate answer.

Please review Weegy's basic rules

Added 2/17/2013 9:04:13 AM
Which of the following factors will not shift the long-run aggregate supply curve? A) An increase in capital accumulation B) An increase in available resources C) An increase in the price level D) An improvement in production technology
Weegy: C) An increase in the price leve factors will not shift the long-run aggregate supply curve. [smile] (More)
Question
Expert Answered
Asked 2/17/2013 7:50:28 AM
0 Answers/Comments
If potential output exceeds actual output, then the economy: A) is experiencing an inflationary gap. B) is experiencing a recessionary gap. C) may be in a long-run equilibrium, but is not in a short-run equilibrium. D) is in neither a short-run nor long-run equilibrium.
Weegy: If actual output exceeds potential output, then the economy: A) is experiencing an inflationary gap.... User: The short-run aggregate supply curve is most likely to shift down (to the right) if: A) productivity falls. B) wages rise. C) sales taxes increase. D) import prices fall. Weegy: A. Productivity falls. (More)
Question
Expert Answered
Asked 2/17/2013 7:44:00 AM
0 Answers/Comments
If at the intersection of aggregate demand and short-run aggregate supply the level of real GDP is $11.2 trillion, and at the intersection of aggregate demand and long-run aggregate supply the level of real GDP is $10 trillion, then: A) actual output exceeds potential output, and we are in a recessionary gap. B) actual output exceeds potential output, and we are in an inflationary gap. C) potential output exceeds actual output, and we are in an infationary gap D) ...
Weegy: B) actual output exceeds potential output, and we are in an inflationary gap. (More)
Question
Expert Answered
Updated 2/17/2013 8:24:07 AM
1 Answer/Comment
Alex S, please restate the question as part of your answer and try to provide a source for your answers whenever possible. You can read the Weegy basic rules here:
Added 2/17/2013 8:24:07 AM
17,156,341 questions answered
Popular Conversations
This summer, Joel's plan was to ...
Weegy: This summer, Joel's plan was to travel. The answer is infinitive. User: We were annoyed by their ...
8/27/2014 12:24:03 PM| 4 Answers
One of the most important ideas of “Ozymandias” is the a. ...
Weegy: One of the most important ideas of Ozymandias (a.) permanence of sculpted monuments. User: The question ...
8/27/2014 5:41:56 AM| 3 Answers
Women and minorities gained ground during WW II primarily ...
Weegy: User: This program allowed Mexican nationals to work temporarily in the U.S. during WW II. a. Rosie the ...
8/27/2014 6:58:02 AM| 2 Answers
Market speculation resulted in which of the following? a. Stocks ...
Weegy: b.stocks became undervalued. User: How did economic nationalism affect trade in the world? a. Nations did not ...
8/27/2014 10:12:20 AM| 2 Answers
Which words in the sentence are the predicate adjectives? A snake's ...
Weegy: What is the underline word?
8/27/2014 10:36:01 AM| 2 Answers
who was president in 1963
8/27/2014 11:55:02 AM| 2 Answers
Dr. Lazar admired the work of the nuns of the Sisters of Charity ...
Weegy: A. purpose User: Jake's friends all describe him as an affable person. He often allows others to go before ...
8/27/2014 3:56:41 PM| 2 Answers
please give me an answer choice ...
Weegy: Five times the difference of a number and 8 is 45: The answer is A. 5 (m - 8) = 45 User: Translate into a ...
8/27/2014 6:12:14 PM| 2 Answers
Simplify the product. (x - 4)(x + 3)
Weegy: (x - 4)(x + 3) = x^2 + 3x - 4x - 12 = x^2 - x - 12 User: Name the binomial you can multiply by (x + 9) to ...
8/27/2014 7:11:57 PM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
Points 2401 [Total 24001]| Ratings 3| Comments 2371| Invitations 0|Offline
S
L
1
L
Points 2037 [Total 6013]| Ratings 8| Comments 1957| Invitations 0|Online
S
L
C
P
C
1
L
L
Points 1899 [Total 15513]| Ratings 11| Comments 1789| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1788 [Total 16815]| Ratings 5| Comments 1738| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 1746 [Total 9453]| Ratings 2| Comments 1726| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 895 [Total 18466]| Ratings 0| Comments 895| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 515 [Total 11176]| Ratings 1| Comments 505| Invitations 0|Offline
S
1
L
L
Points 512 [Total 5076]| Ratings 0| Comments 512| Invitations 0|Online
S
Points 360 [Total 360]| Ratings 2| Comments 310| Invitations 3|Online
S
Points 343 [Total 546]| Ratings 1| Comments 333| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.