Given Implicit or Explicit Resource Price Agreements,if the Actual Price

Multiple Choice

Given implicit or explicit resource price agreements,if the actual price level is below the expected price level,the:

A) economy will move rightward along the short-run aggregate supply curve.
B) economy will move leftward along the short-run aggregate supply curve.
C) short-run aggregate supply curve will shift to the left.
D) long-run aggregate supply curve will become steeper.
E) short-run aggregate supply curve will become flatter.