Many events have followed the ending of apartheid in South Africa. Explain their
ID: 1126541 • Letter: M
Question
Many events have followed the ending of apartheid in South Africa. Explain their effect on South Africa's aggregato suppy When U.S. businesses established branches in South Africa, in the short nun, South South Atrica's aggregate supplywhen Africa's aggregate supply A, dn't change buta higher price level brought an increase in thequartity of O B. decreased because more of South Atrica's workers were employed by U.S more South Africans were given access to education OA B. didn't change, but he price level in reased, which increased the ouanty of decreased real GDP supplied real GDP supplied didn't change, but the price level decreased, which decreased the quantity of real GDP supplied irms O C. C. increased D. didn't change, but u s aggregate supply increased OD, increased When the price level in South Africa increased, South Africa's aggregate supply O A increased B. did't change, but a supplied decreased the price level increased the quantity of real aon O C. decreased OD didn't.change, butasthe price level increased the quantityofreal GOP supplied increased Click to select your answerExplanation / Answer
1. When US businesses established branches in South Africa, in the short run, South Africa's aggregate supply: C. Increased.
Explanation: Opening of new branches increases production capacity and aggregate supply.
2. South Africa's Aggregate Supply D. Increased when more South Africans were given access to education.
Explanation: When more South Africans get access to education, they can be employed, which will increase production capacity and aggregate supply.
3. When the price level in South Africa increased, South Africa's aggregate supply: A. Increased.
Explanation: More producers are ready to produce and supply at a higher price, which increases aggregate supply.
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