Multiple Choice
An increase in the price level will
A) shift the short-run aggregate supply curve to the left.
B) shift the short-run aggregate supply curve to the right.
C) move the economy up along a stationary short-run aggregate supply curve.
D) move the economy down along a stationary short-run aggregate supply curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Figure 13-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-1
Q16: Potential GDP is also referred to as<br>A)realized
Q17: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2
Q18: An increase in investment causes the price
Q19: Declines in spending on residential construction are
Q21: Beginning with long-run equilibrium,use the aggregate demand
Q22: An increase in aggregate demand causes an
Q23: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2
Q24: An increase in government spending will result
Q25: Which of the following would not be