Multiple Choice
Which of the following will occur if the aggregate quantity supplied is less than the aggregate quantity demanded?
A) Aggregate demand will shift to the right
B) Aggregate supply will shift to the left
C) There will be a shortage
D) There will be a surplus
Correct Answer:
Verified
Correct Answer:
Verified
Q119: Which of the following is an example
Q120: The aggregate supply curve is positively sloped
Q121: Ceteris paribus,based on the aggregate demand curve,if
Q122: Which of the following is a measure
Q123: The short-run aggregate supply curve is:<br>A) Vertical
Q125: According to the Classical economists,if people are
Q126: A News Wire article in the textbook
Q127: Keynesian economists advocate active government policy during
Q128: If an economy is experiencing a recession,the
Q129: Which of the following is an explanation