Multiple Choice
-Refer to Exhibit 8-4.Which of the following could not have caused a shift in aggregate supply from SRAS1 to SRAS2?
A) an increase in productivity
B) a beneficial supply shock
C) a decrease in the price of a nonlabor input
D) a change in the price level
E) a decrease in wage rates
Correct Answer:
Verified
Correct Answer:
Verified
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