Federal Reserve Policy Makers Argue About Whether Productivity Is Increasing

Multiple Choice

Federal Reserve policy makers argue about whether productivity is increasing faster than it has in the past. If productivity is growing faster than anticipated, they would expect the:

A) aggregate demand curve to be shifting to the right.
B) aggregate demand curve to be shifting to the left.
C) short-run aggregate supply curve to be shifting down (to the right) .
D) short-run aggregate supply curve to be shifting up (to the left) .