Improved training of employees would ?
Correct answer: A. Shift aggregate supply to the right
- A. Shift aggregate supply to the right
- B. Shift aggregate supply to the left
- C. Shift aggregate demand to the right
- D. shift aggregate demand to the left
Explanation
Better employee training raises labour productivity, allowing firms to produce more at each price level. This shifts aggregate supply to the right.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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