Multiple Choice
Something that would cause the long-run aggregate supply curve to shift to the right would be:
A) the unemployment rate decreasing.
B) discovery of a new oil reserve.
C) the inflation rate decreasing.
D) The long-run aggregate supply curve is fixed,and does not shift.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: Economic stagnation coupled with high inflation is
Q94: One major difference between the aggregate supply
Q95: The aggregate supply and aggregate demand model
Q96: When the prices of final goods and
Q98: The wealth effect:<br>A)explains the downward-sloping aggregate demand
Q100: When the government considers whether it should
Q101: If the government does not react to
Q102: The effect of a shift in the
Q115: If a change in the U.S. price
Q135: In the short run, the aggregate supply