Multiple Choice
Which of the following supply shocks would shift the long-run aggregate supply curve outward?
A) an increase in business taxes
B) an increase in gasoline taxes
C) an increase in the cost of raw materials
D) an increase in the amount and cost of government regulation
E) an increase in agricultural output
Correct Answer:

Verified
Correct Answer:
Verified
Q19: The actual price level is assumed to
Q178: Potential output is the amount produced when<br>A)firms'
Q179: Suppose that the actual and expected price
Q180: Which of the following would be strong
Q181: Potential output will decrease if<br>A)there is an
Q182: Exhibit 10-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 10-3
Q184: If the inflation rate is 4 percent
Q185: In the short run,but not in the
Q186: A rising price level in the short
Q187: An increase in the federal minimum wage