An increase in aggregate supply is usually shown by a ______ shift of the AS curve.
A) inverse
B) upward
C) leftward
D) rightward
Correct Answer:
Verified
Q39: An increase in the aggregate demand for
Q41: The aggregate supply curve will shift rightward
Q42: Changes in the expected rate of inflation
Q43: Technological improvements:
A)decrease aggregate demand.
B)increase aggregate demand.
C)decrease aggregate
Q45: The AS curve slopes upward because:
A)all firms
Q47: Low expected inflation leads to _ increases
Q49: As the number or quality of available
Q61: When actual output is less than potential
Q75: Starting from potential output, if firms become
Q79: Starting from potential output, if consumer confidence
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