Multiple Choice
Which of the following increases aggregate supply in the short-run,everything else held constant?
A) an increase in the price of crude oil
B) a successful wage push by workers
C) expectations of a higher inflation
D) a technological improvement that increases worker productivity
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Everything else held constant,an increase in government
Q5: The long-run aggregate supply curve is<br>A)a vertical
Q6: Suppose the U.S. economy is producing at
Q7: A permanent negative supply shock leads to
Q8: Everything else held constant,aggregate demand increases when<br>A)taxes
Q10: Suppose the economy is producing at the
Q11: According to aggregate demand and supply analysis,the
Q12: In the long-run equilibrium<br>A)output is a function
Q13: According to aggregate demand and supply analysis,the
Q14: Suppose the economy is producing at the