menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essential Foundations of Economics Study Set 1
  4. Exam
    Exam 19: Aggregate Supply and Aggregate Demand
  5. Question
    An Increase in Potential GDP ________ Aggregate Supply and ________
Solved

An Increase in Potential GDP ________ Aggregate Supply and ________

Question 24

Question 24

Multiple Choice

An increase in potential GDP ________ aggregate supply and ________.


A) decreases;shifts the AS curve rightward
B) increases;shifts the AS curve leftward
C) increases;shifts the AS curve rightward
D) decreases;shifts the AS curve leftward
E) has no effect on;does not shift the AS curve

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -What is the

Q20: If the equilibrium price level is 135

Q21: Oil price hikes<br>A)increase aggregate supply.<br>B)decrease aggregate supply.<br>C)increase

Q22: A fall in the price level brings

Q23: How does a recession in Asia affect

Q25: What is the aggregate demand multiplier and

Q26: Which of the following best describes the

Q27: Aggregate demand _ and shifts the AD

Q28: Cost-push inflation can start with<br>A)a decrease in

Q29: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" The table gives

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines