Answered: When identifying inputs that expand the…

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

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter24: The Aggregate Demand/aggregate Supply Model

Section: Chapter Questions

Problem 3SCQ: The short run aggregate supply curve was constructed assuming that as the price of outputs...

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Question

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.

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