Long-run aggregate supply is least likely to be affected by changes in the:（）
A: the stock of physic capital.
B: the supply of natural resources.
C: the wage rate of labor.
A: the stock of physic capital.
B: the supply of natural resources.
C: the wage rate of labor.
举一反三
- Which of these factors is least likely to change the natural rate of unemployment A: An unexpected tightening of the money supply reduces aggregate demand. B: Long-term demographic shifts result in fewer young adults in the labor force. C: Labor market deregulation makes it easier for workers to change jobs.
- An increase in the population and hence the supply of labor causes a A: shortage of labor at the original real wage rate and the real wage rate will fall. B: surplus of labor at the original real wage rate and the real wage rate will rise. C: surplus of labor at the original real wage rate and the real wage rate will fall. D: shortage of labor at the original real wage rate and the real wage rate will rise.
- An increase in taxes on labor income shifts the labor supply curve ________ and the ________. A: leftward; after-tax wage rate falls B: rightward; before-tax wage rate rises C: leftward; after-tax wage rate rises D: rightward; before-tax wage rate falls
- Which of the following is most commonly used to monitor short-run changes in economic activity? A: the inflation rate B: real GDP C: aggregate demand D: aggregate supply
- If a firm takes the wage as given, then the supply curve of labor to that firm is