14. As the economy nears full capacity, the short-run aggregate supply curve A. becomes flatter. C. becomes steeper. B. shifts to the right. D. shifts to the left.

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Asked 9/29/2012 3:30:27 AM

Updated 7/18/2019 6:33:33 PM

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User: 14. As the economy nears full capacity, the short-run aggregate supply curve A. becomes flatter. C. becomes steeper. B. shifts to the right. D. shifts to the left.

Weegy: A. becomes flatter.
Expert answered|selymi|Points 8932|

User: 4. To lower interest rates, the Bank of Canada could A. buy securities. D. decrease the chartered banks' reserves. B. decrease the money supply. E. raise the treasury bill rate. C. raise the reserve requirement.

Weegy: A. buy securities.
Expert answered|selymi|Points 8932|

User: 2. Suppose a Canadian firm imports $1,000 worth of bananas and sells them for $2,000. The effect on GDP would be A. to decrease the value of GDP by $3,000. B. to increase the value of GDP by $3,000. C. to increase the value of GDP by $2,000. D. to increase the value of GDP by $1,000. E. no effect on GDP since the bananas were produced outside Canada.

Weegy: D. to increase the value of GDP by $1,000.
Expert answered|selymi|Points 8932|

User: 3. An increase in the MPS will cause, other factors remaining constant: A. a parallel shift up in the AE-function and a parallel shift up in the L-function; B. a rotational shift up in the AE-function and a rotational shift up in the L-function; C. a parallel shift down in the AE-function and a rotational shift up in the L-function; D. a rotational shift down in the AE-function and a rotational shift up in the L-function; E. a rotational shift down in the AS-function and a rotational shift up in the L-function.

Weegy: D. a rotational shift down in the AE-function and a rotational shift up in the L-function
Expert answered|selymi|Points 8932|

User: 6. Who among the following did not estimate the incidence of poverty in India? A. B. S. Minhas C. P.K.Bardhan B. V. M. Dandekar and N. Rath D. Raj Krishna

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Asked 9/29/2012 3:30:27 AM

Updated 7/18/2019 6:33:33 PM

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emdjay23

As the economy nears Y-full capacity, the short-run aggregate supply curve becomes steeper.

Added 7/18/2019 6:33:31 PM

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emdjay23

Raj Krishna did not estimate the incidence of poverty in India.

Added 7/18/2019 6:33:33 PM

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benki.luv

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Updated 10/15/2012 8:58:33 PM

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debnjerry

If the number of people classified as unemployed is 20,000 and the number of people Classified as employed is 230,000, the unemployment rate is 8%.
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Added 10/15/2012 8:58:33 PM

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Confirmed by andrewpallarca [8/13/2014 11:23:56 PM]

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Added 6/21/2023 8:58:29 AM

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