A rise in the price level produces a ________ the aggregate supply curve.
A)rightward shift of
B)movement downward along
C)leftward shift of
D)movement upward along
E)rightward shift of the aggregate supply curve and a movement downward along

Question

Quizplus · Accepted Answer

A rise in the price level typically results in a movement upward along the aggregate supply curve, as it reflects higher prices for the same level of output.

A Rise in the Price Level Produces a ________ the Aggregate