Moving along the aggregate supply curve,
A)the quantity of capital used increases.
B)only the price level changes.
C)technology advances.
D)the stock of human capital increases.
E)the real wage rate is constant.

Question

Quizplus · Accepted Answer

Moving along the aggregate supply curve only causes a change in the price level, as it represents a movement along a fixed level of capital stock and technology. The other options listed would shift the aggregate supply curve.

Moving Along the Aggregate Supply Curve