The short-run aggregate supply curve shifts leftward when the ...

[daltonest1984]

The short-run aggregate supply curve shifts leftward when the
 
  A) price level increases.
  B) general level of technology advances.
  C) money wage rate increases.
  D) availability of on-the-job training expands to all workers.

Question 2

If the quantity demanded of hamburgers increases by 20 percent when the price decreases by 5 percent, then the price elasticity of demand is
 
  A) 0.25.
  B) 4.0.
  C) 20.0.
  D) 5.0.

[kristenb95]

Answer to Question 1

C

Answer to Question 2

B