All of the following impact (shift) the short-run aggregate supply curve EXCEPTtechnological innovationlabor costsresource costsunemployment

When identifying inputs that expand the circular flow and increase aggregate supply, economists do not include A capital B. entrepreneurship. C land . D resources . E. govemment.

Draw and explain three stages of neoclassical production function

What is the difference between short-run and long-run in economics?

What is the importance of the time horizon in macroeconomics? How do short and long-run differ?

Changes in macroeconomic indicators can often be of relevance to business and influence decision-making concerning a range of issues related to things like profit forecasts, expected sales growth, expansion plans, etc.   Assume you are employed as a business analyst with a large Singaporean based multinational corporation that manufactures electronic products. Identify and discuss how each of the following macroeconomic issues may be relevant to the firm. Rising unemployment in Singapore and other developed nations.

If subsidies for research and development on new technologies lead to an increase in the average productivity of labor, what will most likely happen to real GDP per capita and long-run aggregate supply (LRAS) for a given population size? A B C D E Real GDP per capita will decrease, and LRAS will increase. Real GDP per capita will decrease, and LRAS will decrease. Real GDP per capita will increase, and LRAS will increase. Real GDP per capita will increase, and LRAS will decrease. Real GDP per capita will decrease, and LRAS will not change. T

Given the following

Which of the following topics would be covered in macroeconomics? the effects of an increase in supply of steel on the airplane industry changes in the national unemployment rate the effect of interest rates on the automotive industry the way a firm maximizes profits

a.  Define the terms “Short Run” and “Long Run”.  b. Would the short run be longer for Tonino’s Pizza Restaurant or for NASA? Explain.