Which of the following shifts the aggregate supply curve leftward?
A) increase in potential GDP
B) increase in the money wage rate
C) increase in real GDP
D) decrease in the money price of oil
E) a fall in the price level
Correct Answer:
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Q69: Which of the following statements is true?
A)An
Q70: An increase in potential GDP _ aggregate
Q71: Q72: As the money wage rate increases, Q73: An increase in _ increases potential GDP Q75: If potential GDP increases,then the Q76: If potential GDP increases, Q77: A rise in the money wage rate Q78: Q79: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)potential GDP
A)aggregate supply curve
A)aggregate supply does not