Question

 10. The long-run aggregate supply curve shifts right if

 a. Immigration from abroad increases

 b. The capital stock increases

 c. Technology advances

 d. All of the above are correct

 11. Which of the following would cause prices to decrease and real GDP to increase in the short run?

 a. Short-run aggregate supply shifts right.

 b. Short-run aggregate supply shifts left.

 c. Aggregate demand shifts right.

 d. Aggregate demand shifts left.

 12. Which of the following is not a reason the New York Federal Reserve Bank president always gets to

 vote at the Federal Open Market Committee meetings?

 a. New York is the traditional financial center of the U.S. economy.

 b. All Fed purchases and sales of bonds go through the New York Fed's trading desk.

Answer 1

Answer 10: All the above

Explanation: At the point when capital builds, the total supply curve will move to one side, costs will drop, and the amount of the great or administration will increment. For example a reduction in wages, an expansion in physical capital stock, or an increase in innovation and technology. The short-run bend movements to the privilege the cost dimension diminishes and the GDP increments. At the point when the bend movements to one side, the cost dimension increments, and the GDP diminishes.

Answer 11: Aggregate demand shifts to the right

Explanation: If the aggregate demand curve moves to the right, then the balance quantity of production and the amount level will increase. If the curve moves to the left, then the balance quantity of yield and the value level will decrease.

Answer 12: Traditional financial center of the US economy

Explanation: Notwithstanding the obligations, the New York Fed imparts to the 11 other provincial branches, it has remarkable tasks including leading open market activities, mediating in outside trade showcases and putting away fiscal gold for remote national banks, governments, and global offices. The national bank of the United States was made by Congress to give the country a "more secure, increasingly adaptable and progressively stable money related and monetary framework," as indicated by the Fed. In any case, among its 12 Federal Reserve Districts, none are apparently as significant as the New York branch.