Which of the following causes a leftward shift in the short-run aggregate supply curve?
A) An increase of goods prices while nominal incomes are unchanged.
B) An increase in nominal incomes.
C) An increase of full-employment real GDP.
D) An increase of personal consumption expenditures while the price level is unchanged.
Correct Answer:
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Q98: The slope of the budget line is
Q99: At the unique point of consumer equilibrium,
Q100: Exhibit 6A-2 Consumer Equilibrium Q101: Exhibit 6A-3 Consumer equilibrium Q102: Exhibit 6A-4 Consumer equilibrium Q104: If nominal wages and salaries are fixed Q105: An explanation for why the short-run aggregate Q106: Exhibit 6A-5 Consumer Equilibrium Q107: Which of the following explains why higher Q108: A demand curve is downward sloping because 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
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