Which of the following shifts the aggregate supply curve?
A) a change in $\bar { u }$
B) an increase in the price of oil
C) the current inflation rate
D) raising the federal funds rate
E) All of these answers are correct.

Question

Quizplus · Accepted Answer

An increase in the price of oil is a supply shock that can shift the aggregate supply curve, as it affects production costs.

Which of the Following Shifts the Aggregate Supply Curve? A) uˉ\bar { u }uˉ

Which of the Following Shifts the Aggregate Supply Curve?
A) $\bar { u }$