In countries that have high minimum wages and require a lengthy and costly process to get permission to open a business a. reducing either the minimum wage or the time and cost to open a business would have no effect on the long-run aggregate supply curve. b. reducing the minimum wage and the time and cost to open a business would both shift the long-run aggregate supply curve to the right. c. reducing the minimum wage would shift long-run aggregate supply to the right. reducing the time and cost to open a business would have no affect on the long-run aggregate supply curve. d. reducing the minimum wage would have no affect on the long-run aggregate supply curve. reducing the time and cost to open a business would shift the long-run aggregate supply curve to the right.

Suppose the government decides to issue a new savings bond that is guaranteed to double in value if you hold it for 20 years. assume you purchase a bond that costs $25. a. what is the exact rate of return you would earn if you held the bond for 20 years until it doubled in value? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. if you purchased the bond for $25 in 2017 at the then current interest rate of .27 percent year, how much would the bond be worth in 2027? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. in 2027, instead of cashing in the bond for its then current value, you decide to hold the bond until it doubles in face value in 2037. what annual rate of return will you earn over the last 10 years? (do not