Multiple Choice
Which factor will increase short-run aggregate supply?
A) a law that requires health insurance for all employees
B) an increase in the aggregate price level
C) a large decrease in the price of oil
D) an increase in the minimum wage
Correct Answer:

Verified
Correct Answer:
Verified
Q43: An inflationary gap occurs if:<br>A) actual real
Q44: If actual GDP is less than potential
Q45: Suppose that the aggregate output level is
Q46: Use the following to answer questions:<br>Figure: Inflationary
Q47: The short-run aggregate supply curve is positively
Q49: When the price level increases and people
Q50: A shift to the right of the
Q51: Use the following to answer questions:<br>Figure: Policy
Q52: Use the following to answer questions:<br>Figure: Aggregate
Q53: A negative supply shock raises production costs