Multiple Choice
Which of the following does NOT shift the short-run aggregate supply curve?
A) a change in the money wage rate
B) technological progress
C) a reduction in the price of a raw material
D) a change in the price level
Correct Answer:

Verified
Correct Answer:
Verified
Q310: Short-run macroeconomic equilibrium occurs when the quantity
Q311: A short-run macroeconomic equilibrium occurs<br>A) at the
Q312: Explain the relationship of the long-run aggregate
Q313: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q314: If aggregate demand grows only slightly faster
Q316: A technological advance _ the long-run aggregate
Q317: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The data in
Q318: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q319: What are the factors that can shift
Q320: The table below shows data for India's