Aggregate Supply Curves (1)
-Based on the graph above,a cause of movement from point 1 to point 2 might be ________.
A) a positive price shock
B) government policy that lowers unemployment
C) an increase in potential output
D) an increase in expected inflation
E) none of the above
Correct Answer:
Verified
Q62: In the short run _.
A)the more flexible
Q63: Aggregate Supply Curves (1) Q64: Technological advances lead to _. Q65: If the output gap is constant at Q66: _ may cause a shift of the Q68: Unprecedented stimulative policies throughout the global economy Q69: In 2005 hurricane Katrina devastated large portions Q70: If Okun's law is U - Q71: If the natural rate of unemployment declines Q72: If the short-run aggregate supply curve is
A)a shift of
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