Educational reforms begin to significantly raise test scores

Assignment Help Business Economics

Reference no: EM13981968

Educational reforms begin to significantly raise test scores of graduating high school seniors in the United States, and they enter the workforce with improved reading, math, and reasoning skills. What effect would this have on aggregate supply? Question 15 options: 1) It will shift the LRAS right, but not the SRAS. 2) It will shift the SRAS left, but not the LRAS. 3) It would shift both the SRAS and the LRAS right. 4) It will not shift either SRAS or LRAS.

Reference no: EM13981968

Questions Cloud

Find the corrective tax which eliminates the deadweight loss : The aluminum industry faces a private marginal cost curve PMC = 2Q and a market inverse-demand curve of PD = 60 – QD. However, production creates an externality with marginal damages of MD = Q. Find the market equilibrium without any government contr..

Which of the following is the best definition of money : Which of the following is the best definition of money? 1) anything generally accepted as a payment for goods or repayment of debt 2) anything that is a liability of the federal government 3) anything that is a liability of a commercial bank 4) coins..

A year of unusually bad weather for agriculture would : A year of unusually bad weather for agriculture would:

According to a regression analysis : Since all the Hawkins Company's costs (other than advertising) are essentially fixed costs, managers want to maximize total revenue (net of advertising expenses). According to a regression analysis (based on 124 observations) carried out by managers,..

Educational reforms begin to significantly raise test scores : Educational reforms begin to significantly raise test scores of graduating high school seniors in the United States, and they enter the workforce with improved reading, math, and reasoning skills. What effect would this have on aggregate supply? Ques..

Explain why tax revenue changes during recession : Fiscal policy changes automatically when output and employment fluctuate a. Explain why tax revenue changes during a recession b. Explain why government spending changes during a recession c. If the federal government was required to operate under a ..

The elasticity of demand by texans for a car wash : You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Texans for a car wash is -4, while the elasticity of demand by non-Texans for a car wash is -6. If you charge Texans..

What is the portfolio weight for stock : A portfolio has 119 shares of Stock A that sell for $33 per share and 95 shares of Stock B that sell for $20 per share. What is the portfolio weight for Stock A?

A substantial increase in marginal tax rates : A substantial increase in marginal tax rates will most likely encourage individuals to choose: Question 13 options: 1) to work more overtime. 2) to invest more. 3) to spend more of their scarce resources looking for tax shelters. 4) none of the above..

User Account

All Pages