Multiple Choice
The long-run aggregate supply curve shifts right at the same time as
A) wages increase.
B) the production possibilities curve shifts outward.
C) the production possibilities curve shifts inward.
D) the inflation rate increases.
Correct Answer:

Verified
Correct Answer:
Verified
Q202: The interest rate effect that helps explain
Q203: The real-balance effect shows that<br>A) aggregate demand
Q204: According to the interest rate effect, a
Q205: Which one of the following is NOT
Q206: Long-run aggregate supply is<br>A) the sum of
Q208: A weakening in consumer confidence causes a<br>A)
Q209: An individual holds $10,000 in a non-interest-earning
Q210: The long-run aggregate supply curve<br>A) shows that
Q211: Higher interest rates tend to<br>A) reduce the
Q212: Why is the long-run aggregate supply curve