Multiple Choice
A rightward-shift of aggregate supply without any change in aggregate demand
A) will leave real GDP unchanged.
B) will leave the price level unchanged.
C) decreases the price level without any change in real output.
D) decreases the price level along with an increase in output.
Correct Answer:

Verified
Correct Answer:
Verified
Q115: An increase in aggregate supply causes the
Q116: The upward slope of the supply curve
Q117: All of the following would cause the
Q118: An increase in aggregate demand will cause
Q119: The model of aggregate supply and aggregate
Q121: The open economy effect involves the way
Q122: A decline in consumer confidence will increase
Q123: Tax cuts decrease aggregate demand.
Q124: The model of aggregate supply and aggregate
Q125: An increase in investment spending by firms