Which of the Following Increases Aggregate Supply in the Short-Run,everything

question 71

Multiple Choice

Which of the following increases aggregate supply in the short-run,everything else held constant?

• A) An increase in the price of crude oil.
• B) A successful wage push by workers.
• C) Expectations of a higher inflation.
• D) A technological improvement that increases worker productivity.

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Definitions:

Stated Value

A value assigned to a share of stock by the corporation’s board of directors, which is an arbitrary value used for accounting purposes.

Par Common Stock

The value assigned to a share of common stock in the company's charter, not indicative of the market value.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with predetermined dividend payments.

Cash

Money in the form of bills or coins, available for transactions or banking.