Author Question: All of the following will shift the short-run aggregate supply (SRAS) curve EXCEPT A) a change in ... (Read 93 times)

APUS57

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All of the following will shift the short-run aggregate supply (SRAS) curve EXCEPT
 
  A) a change in the price of labor. B) technological progress.
  C) a change in the price of a needed raw material. D) a change in the price level.

Question 2

For supply-side inflation to occur in the long run
 
  A) the long-run aggregate supply curve has to shift to the left.
  B) the aggregate demand curve has to shift to the left.
  C) the long-run aggregate supply curve has to shift to the right.
  D) the aggregate demand curve has to shift to the right.



djofnc

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Answer to Question 1

D

Answer to Question 2

A



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