What are the factors that shift the output demand curve? (Select all that apply.) A. Real interest rate B. Current capital stock C. Total factor productivity D. Current quantity of government purchases E. Real wage rate F. Present value of taxes

What are the factors that shift the output demand curve? (Select all that apply.) A. Real interest rate B. Current capital stock C. Total factor productivity D. Current quantity of government purchases E. Real wage rate F. Present value of taxes

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter22: Inflation

Section: Chapter Questions

Problem 6SCQ: The Consumer Price Index is subject to the substitution bias and me quality/new goods bias. Are the...

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Question

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What are the factors that shift the output demand curve? (Select all that apply.)
A. Real interest rate
B. Current capital stock
C. Total factor productivity
D. Current quantity of government purchases
E. Real wage rate
F. Present value of taxes

What are the factors that shift the output supply curve? (Select all that apply.)
A. Real interest rate
B. Aggregate output
C. Real wage rate
D. Current capital stock
E. Lifetime wealth
F. Total factor productivity

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