Multiple Choice
Which of the following will lead to a shift in the long-run aggregate supply curve of an economy?
A) The discovery of a new mineral ore in the country
B) A change in wage rates
C) A change in oil prices
D) An advancement in technology
E) An earthquake in the country
Correct Answer:

Verified
Correct Answer:
Verified
Q54: Cost-push inflation is caused by:<br>A)an increase in
Q55: The short-run aggregate supply curve is drawn
Q56: Demand-pull inflation is caused by:<br>A)an increase in
Q57: One explanation for an upward-sloping short-run aggregate
Q58: Which of the following would be true
Q60: In an open economy, as the price
Q61: Figure 13-7 shows the short-run macroeconomic equilibrium
Q62: Figure 13-6 shows the short-run macroeconomic equilibrium
Q63: Which of the following will decrease aggregate
Q64: Figure 13-2 shows shifts in the aggregate