Multiple Choice
The short-run aggregate supply curve will shift to the left if:
A) there is a significant increase in worker productivity.
B) workers on fixed-wage contracts expect higher inflation.
C) the price of raw materials decreases.
D) the price of capital goods rises.
E) wages fall in anticipation of higher prices.
Correct Answer:

Verified
Correct Answer:
Verified
Q112: Identify the correct statement.<br>A)Aggregate demand alone determines
Q113: The wealth effect, the interest rate effect,
Q114: In the short-run, an increase in the
Q115: Which of the following explains the effect
Q116: Identify the correct statement.<br>A)Investment is positively related
Q117: Which of the following is most likely
Q118: Other things equal, investment spending will increase
Q119: The movement of the vertical _ curve
Q121: Other things equal, an increase in aggregate
Q122: Which of the following is not a