
Which of the following does not shift the aggregate supply curve to the right?
A) A very large crop of grain
B) A higher average level of education
C) Lower prices of natural resources
D) Freezing weather that destroys the Florida citrus crop
E) Lower OPEC prices
Correct Answer:
Verified
Q39: According to the theory of adaptive expectations,
Q40: The observed unemployment rate would be less
Q41: Figure 16.3 Q42: The money supply increases when, other things Q43: The change in the money supply equals Q45: A real business cycle is most likely Q46: Which of the following would not be Q47: Consider an economy in equilibrium and assume Q48: The oil price shocks of the 1970s Q49: Which of the following would be likely
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