Which of the following would cause an increase (rightward shift) in the short-run aggregate supply curve (SRAS) ?
A) An increase in the long-run aggregate supply curve (LRAS) .
B) A decrease in the CPI.
C) An increase in the CPI.
D) A decrease in oil prices.
Correct Answer:
Verified
Q40: The position of the long-run aggregate supply
Q41: Exhibit 14A-2 Macro AD-AS Model Q42: Beginning from a position of long-run equilibrium Q43: Exhibit 14A-1 Aggregate demand and supply model Q44: Exhibit 14A-1 Aggregate demand and supply model Q46: Exhibit 14A-1 Aggregate demand and supply model Q47: Suppose that the economy is in a Q48: Exhibit 14A-1 Aggregate demand and supply model Q49: Exhibit 14A-1 Aggregate demand and supply model Q50: Beginning from a position of long-run equilibrium
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