Which of the following changes does NOT shift the short-run aggregate supply curve? A) an increase in the price level B) an increase in technology C) an increase in the money wage rate D) an increase in the quantity of capital

Question

Quizplus · Accepted Answer

Changes in the price level do not shift the short-run aggregate supply curve, but instead result in movements along the existing supply curve. Increases in technology, increases in the quantity of capital, and increases in the money wage rate are all factors that can shift the short-run aggregate supply curve.

Which of the Following Changes Does NOT Shift the Short-Run