Multiple Choice
Which of the following most likely causes a shift of the long-run aggregate supply curve to the right?
A) an increase in the money supply
B) a decrease in tax revenues
C) an increase in crop production due to more rainfall
D) an increase in oil prices due to a fire in a major oil refinery
Correct Answer:
Verified
Correct Answer:
Verified
Q19: If spending grows by 3%,real GDP growth
Q20: Prices are especially sticky in the:<br>A) upward
Q21: As a result of a positive
Q22: An unexpected increase in money growth increases
Q23: The unemployment rate is expected to _
Q25: Large increases in oil prices are positive
Q26: Since changes in <span class="ql-formula"
Q27: If stock prices go up and people
Q28: If spending in an economy increases by
Q29: What happened to the U.S.money supply during