(Figure: Determining SRAS Shifts 3) Which of the following might cause a change in short-run aggregate supply?
A) Unions successfully negotiate higher wages.
B) Subsidies to firms increase.
C) Consumer incomes decrease.
D) Workers and firms believe that inflation is going to fall.

Question

(Figure: Determining SRAS Shifts 3)  Which of the following might cause a change in short-run aggregate supply?
A) Unions successfully negotiate higher wages. 
B) Subsidies to firms increase. 
C) Consumer incomes decrease. 
D) Workers and firms believe that inflation is going to fall.

Quizplus · Accepted Answer

The Answer of (Figure: Determining SRAS Shifts 3)  Which of the following might cause a change in short-run aggregate supply?
A) Unions successfully negotiate higher wages. 
B) Subsidies to firms increase. 
C) Consumer incomes decrease. 
D) Workers and firms believe that inflation is going to fall.

(Figure: Determining SRAS Shifts 3) Which of the Following