the AD-SRAS graph
Which one of the following is NOT part of the per-worker production function?
What do we use the GDP deflator for?
measuring the cost of goods for businesses
measuring the value of the dollar compared to foreign currencies
measuring the amount of produced goods and services
measuring the value of final goods and services
The ___ curve would shift ___ if the price of oil rose.
The U.S. economy normally grows unless that growth is upset by some sort of negative external
How would an increase in taxes influence consumption?
Which one of the following statements is
about the AD-SRAS graph?
inflation would be seen on the horizontal axis
the curve for production is upward sloping
inflation would be seen on the vertical axis