Multiple Choice
A negative real shock causes the long-run aggregate supply curve to:
A) shift outward.
B) shift inward.
C) become steeper.
D) become flatter.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: A temporary decrease in spending decreases inflation
Q61: In the AD-AS model,both real and demand
Q91: The lowering of the growth rate of
Q97: Which of the following is a negative
Q103: The largest single shock to aggregate demand
Q174: The costs of changing prices are called:<br>A)
Q179: A temporary decrease in aggregate demand:<br>A) raises
Q314: If nominal spending growth is 5% and
Q318: Which of the following does NOT represent
Q320: Suppose consumption growth suddenly falls as a