Which of the Following Is Implied by a Rightward Shift

question 86

Multiple Choice

Which of the following is implied by a rightward shift in the economy's AS curve?

• A)At any given price level,a lower level of output will be supplied.
• B)At any given price level,a higher level of output will be supplied.
• C)There is a decrease in aggregate supply.
• D)There is a demand shock.
• E)The same output will be produced,but only at a higher price level.

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Definitions:

Reactants

Substances that undergo chemical changes in a reaction to form products.

Product

Substance formed by a chemical reaction. Compare with reactant.

Valence Shell

The outermost shell of an atom containing the electrons most involved in forming chemical bonds.

Nitrogen

A chemical element with symbol N and atomic number 7, essential for all living organisms as it is a key component of amino acids and nucleic acids.