Multiple Choice
Which of the following is the result of the price level increasing while resource costs remain constant?
A) A movement up the aggregate supply curve.
B) A movement down the aggregate supply curve.
C) A shift to the right of the aggregate supply curve.
D) A shift to the left of the aggregate supply curve.
E) A shift to the right of the long-run aggregate supply curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q135: What is aggregate supply?<br>A)The aggregate quantity produced
Q136: Why is the AD curve downward-sloping?<br>A)Because production
Q137: Which of the following will shift the
Q138: On average,Canada's Real GDP has grown by
Q139: Which of the following will cause the
Q141: What is meant by the term human
Q142: Explain the modern view of the aggregate
Q143: All of the following,except,one are correct statements
Q144: What is the shape of the AS
Q145: According to Keynes,the aggregate supply curve is