If businesses expect to start earning more profit, what will happen to the aggregate demand curve?
A) The aggregate demand curve will shift to the right.
B) The aggregate demand curve will shift to the left.
C) The aggregate demand curve will shift to the left in the short run and then to the right in the long run.
D) The aggregate demand curve will not change.
Correct Answer:
Verified
Q217: The long-run aggregate supply curve is positively
Q218: Demand-pull inflation occurs when aggregate demand expands
Q219: Which factor will cause the aggregate demand
Q220: Aggregate supply is the
A) real GDP that
Q221: The actual price level is determined by
A)
Q223: Which of these will shift the short-run
Q224: Which of these will shift the aggregate
Q225: Increased productivity leads to increased aggregate supply.
Q226: The aggregate _ curve shows the amount
Q227: Suppose the government raises income taxes, so
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents