Which of the following would cause the short-run aggregate supply curve to shift leftward?
A)a drop in energy prices
B)a drop in the actual price level
C)workers opting for more leisure time and less time on the job
D)new investment spending that is greater than depreciation of the capital stock
E)a technological breakthrough with widespread practical applications that occurs in the microcomputer industry

Question

Quizplus · Accepted Answer

Workers opting for more leisure time and less time on the job would cause a decrease in the overall amount of output produced, shifting the short-run aggregate supply curve leftward.

Which of the Following Would Cause the Short-Run Aggregate Supply