Multiple Choice
The following list of items are related to aggregate demand and/or aggregate supply.Entrepreneurial ability Consumer expectations
Degree of excess capacity
Personal income tax rates
Productivity
National income abroad
Business taxes
Domestic resource availability
Business taxes
Domestic resource availability
Prices of imported products
Profit expectations on investments
Refer to the above list.Changes in which combination of factors best explain why the aggregate supply curve would shift?
A) 1 and 2
B) 2 and 10
C) 3 and 6
D) 7 and 8
Correct Answer:
Verified
Correct Answer:
Verified
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