Multiple Choice
Japanʹs population increased by 3 percent in 2010. As a result, which of the following occurred?
i. an increase in potential GDP
ii. a rightward shift in the long-run aggregate supply curve
iii. a rightward shift in the short-run aggregate supply curve.
A) ii and iii.
B) i, ii and iii.
C) i and ii only.
D) iii only.
Correct Answer:
Verified
Correct Answer:
Verified
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