Which of the following is most likely to cause a rightward shift in the short- run aggregate supply curve?
A) capital accumulation
B) a better skilled workforce
C) an improvement in technology
D) a decrease in wages
Correct Answer:
Verified
Q26: Demand- pull inflation is caused by:
A) not
Q27: The term 'rational expectations' means:
A) people make
Q28: The aggregate demand curve:
A) is horizontal
B) slopes
Q29: Cost- push inflation is the result of:
A)
Q30: Which of the following nations has experienced
Q32: The short- run aggregate supply curve illustrates:
A)
Q33: Aggregate demand is denoted by:
A) C +
Q34: In the long run, the aggregate supply
Q35: Deflation increases the debt burden:
A) of both
Q36: Hyperinflation is:
A) a period of increases in
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