Which of the following does NOT shift the short-run aggregate supply curve? A) a change in the price level B) a change in the money wage rate C) a reduction in the price of a raw material D) technological progress

Question

Quizplus · Accepted Answer

Changes in the price level do not shift the short-run aggregate supply curve, but rather cause a movement along the curve. The other options- a change in the money wage rate, a reduction in the price of a raw material, and technological progress- do shift the short-run aggregate supply curve.

Which of the Following Does NOT Shift the Short-Run