Multiple Choice
Assume the economy is initially operating at the natural level of output.Which of the following events will initially cause a shift of the aggregate supply curve?
A) an increase in the money supply
B) an increase in government spending
C) an increase in consumer confidence
D) all of the above
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q7: The neutrality of money is consistent with
Q8: Based on your understanding of the aggregate
Q9: Which of the following events will cause
Q10: When the economy is operating at a
Q11: At the current level of output,suppose the
Q13: Which of the following represents a short-run
Q14: As product markets become more competitive and
Q15: For this question,assume that the economy is
Q16: Suppose the economy is operating at a
Q19: For this question,assume that the economy is