Multiple Choice
Which of the following events shifts the short-run aggregate supply curve to the right?
A) a decrease in the money supply
B) a drop in oil prices
C) an increase in government spending on military equipment
D) none of these answers
E) an increase in price expectations
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Most economists believe that classical macroeconomic theory
Q12: The wealth effect, interest rate effect, and
Q13: Which of the following will cause stagflation?<br>A)
Q14: Which of the following would not cause
Q15: The long-run effect of an increase in
Q17: According to classical macroeconomic theory,changes in the
Q18: Which of the following is not a
Q19: Suppose the economy is initially in long-run
Q21: If policy makers choose to try to
Q343: Which of the following is most commonly