Multiple Choice
Which of the following would cause the short-run aggregate supply curve to shift to the left?
A) an increase in the price level
B) an increase in inflation expectations
C) a technological advance
D) a decrease in interest rates
Correct Answer:

Verified
Correct Answer:
Verified
Q142: The international trade effect states that<br>A)an increase
Q143: Figure 13-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-1
Q144: If rapid increases in oil prices caused
Q145: Figure 13-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-3
Q146: Inflation is generally the result of total
Q148: A decrease in aggregate demand in the
Q149: The short-run aggregate supply curve has a<br>A)negative
Q150: The recession of 2007-2009 made many consumers
Q151: At a long-run macroeconomic equilibrium,real GDP is
Q152: The level of real GDP in the