Multiple Choice
Which of the following would cause a decrease (leftward shift) in the short-run aggregate supply curve (SRAS) ?
A) an increase in oil prices
B) an advance in technology
C) an increase in the CPI
D) an increase in the long-run aggregate supply curve (LRAS)
Correct Answer:

Verified
Correct Answer:
Verified
Q156: Exhibit 6A-5 Consumer Equilibrium<br><br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg" alt="Exhibit 6A-5
Q157: Exhibit 3A-2 Comparison of Market Efficiency and
Q158: Assume the price of good Y with
Q159: Exhibit 1A-1 Straight line<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg" alt="Exhibit 1A-1
Q160: Graphically express a direct and an inverse
Q162: Total surplus equals:<br>A) consumer surplus + producer
Q163: Exhibit 6A-3 Consumer equilibrium<br><br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg" alt="Exhibit 6A-3
Q164: Exhibit 10A-2 Macro AD-AS Model<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX8793/.jpg"
Q165: Exhibit 3A-1 Comparison of Market Efficiency and
Q166: Exhibit 10A-1 Aggregate demand and supply