Which of the following is not a factor that can shift the short-run aggregate supply curve?
A) changes in the wage rate
B) changes in the price of non-labor inputs such as oil
C) changes in labor productivity
D) a severe drought which extensively damages grain crops
E) none of the above

Question

Quizplus · Accepted Answer

All the options listed (changes in the wage rate, changes in the price of non-labor inputs such as oil, changes in labor productivity, and a severe drought which extensively damages grain crops) are factors that can shift the short-run aggregate supply curve.

Which of the Following Is Not a Factor That Can