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Which of the Following Would Cause a Decrease (Leftward Shift)

Question 3

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) .

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