Multiple Choice
Which one of the following would increase per-unit production cost and therefore shift the aggregate supply curve to the left?
A) a reduction in business taxes
B) production bottlenecks occurring when producers near full plant capacity
C) an increase in the price of imported resources
D) deregulation of industry
Correct Answer:
Verified
Correct Answer:
Verified
Q253: The aggregate demand curve shows that when
Q254: (Last Word) In response to the Great
Q255: A decrease in business taxes will tend
Q256: Inflation tends to<br>A) increase productivity.<br>B) decrease input
Q257: A decrease in aggregate demand in the
Q259: The shape of the short-run aggregate supply
Q260: The aggregate supply curve (short run)<br>A) slopes
Q261: Per-unit production cost is<br>A) real output divided
Q262: The aggregate expenditures model and the aggregate
Q263: A rightward shift of the AD curve