Which would most likely shift the aggregate supply curve? A change in:
A)consumer expectations.
B)government spending.
C)excess capacity in business.
D)prices of imported resources.

Question

Quizplus · Accepted Answer

A change in the prices of imported resources would most likely shift the aggregate supply curve. This is because imported resources are a key factor in the production process, and a change in their price would impact the cost of production for firms. If the price of imported resources increases, this would increase the cost of production and shift the aggregate supply curve to the left. Conversely, if the price of imported resources decreases, this would decrease the cost of production and shift the aggregate supply curve to the right. The other answer choices are not directly related to changes in production costs and would not necessarily shift the aggregate supply curve.

Which Would Most Likely Shift the Aggregate Supply Curve? a Change