Multiple Choice
Aggregate supply increases when
A) input prices rise.
B) subsidies are reduced.
C) there is a decrease in firms' market power.
D) business expectations are pessimistic.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q186: The determinants of aggregate demand include the
Q187: The aggregate demand curve<br>A) is upward sloping
Q188: Which of these would NOT cause a
Q189: Which of these provides an accurate description
Q190: Short-run macroeconomic equilibrium has NOT occurred if<br>A)
Q192: Which event will NOT cause the aggregate
Q193: Cost-push inflation occurs when<br>A) total spending expands
Q194: What would cause the price level to
Q195: Determinants of short-run aggregate supply include the
Q196: The Great Depression was primarily the result