Multiple Choice
What would cause inflation and employment to increase?
A) a leftward shift of the short-run aggregate supply curve
B) a leftward shift of the aggregate demand curve
C) a rightward shift of the short-run aggregate supply curve
D) a rightward shift of the aggregate demand curve
Correct Answer:
Verified
Correct Answer:
Verified
Q44: Decreased interest rates will shift the aggregate
Q45: Cost-push inflation occurs because of a shift
Q46: In the short run, the aggregate supply
Q47: Which factor is NOT a determinant of
Q48: (Figure: Determining SRAS Shifts) If there are
Q50: Suppose the economy is at full employment,
Q51: An increase in taxes shifts the aggregate
Q52: The long-run aggregate supply curve is vertical
Q53: The concept of the vertical long-run aggregate
Q54: What happens if business expectations improve?<br>A) Aggregate