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Which of the following would cause a rightward shift in the short-run aggregate supply curve?
 
A. An increase in the price level.
B. A technological advance.
C. An increase in interest rates.
D. A decrease in inflation expectations.

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Prachi Dabas
Prachi DabasLv10
30 Sep 2020

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Related questions

If aggregate demand shifts right then in the short run:

a. firms will increase production. In the long run, increased price expectations shift the short-run aggregate supply curve to the left.

b. firms will increase production. In the long run, increased price expectations shift the short-run aggregate supply curve to the right.

c. firms will decrease production. In the long run, increased price expectations shift the short-run aggregate supply curve to the left.

d. firms will decrease production. In the long run, increased price expectations shift the short-run aggregate supply curve to the right.

Suppose an economy is in long-run equilibrium. An increase in consumption expenditure will:

A. ​increase the price level in the long run but have no effect on real gross domestic product.

B. shift the aggregate demand curve rightward and increase the real output in the long run.

C. shift the short-run aggregate supply curve rightward and increase both the price level and real output in the long run.

D. ​decrease both the price level and real gross domestic product in the long run.

Suppose an economy is in long-run equilibrium. An increase in consumption expenditure will:

A) decreases both the price level and the real gross domestic product in the long run.

B) increase the price level in the long run but have no effect on real gross domestic product.

C) shift the short-run aggregate supply curve rightward and increase both the price and real output in the long run.

D) shift the aggregate demand curve rightward and increase the real output in the long run.

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