Unit 8 Exercis X B httpsblackboardsanjaceduwebappsassessment

Unit 8 Exercis X B https://blackboardsanjac.edu/webapps/assessment/take/launch.jsp?course assessment id-466725 Which of the following is NOT a source of economic growth? O growth in labor productivity O human capital O new discoveries O reduced international trade QUESTION 5 Which of the following is NOT a reason why the aggregate demand curve slopes downward? o wealth effect O income effect O interest rate effect O foreign price effect QUESTION 6 Which of the following would cause AD to shift to the right? 0 A dramatic drop in the stock market 0 A natural disaster 0 A new nationwide government infrastructure construction project O A recession QUESTION 7 What is the shape of the long-run aggregate supply curve? O horizontal o vertical O upward-sloping D downward-sloping o search

Solution

Question 4.) Option d

Question 5) foreign price effect option d

Q6 option c , all other option will make AD to shift left , bcoz govt infrastructure would boast the aggregate demand in nation.

Q7) LRAS is vertical at the natural ( potential)output level , option b