Which of the Following Shifts the Short-Run Aggregate Supply Right

question 254

Multiple Choice

Which of the following shifts the short-run aggregate supply right?

• A) an increase in government spending
• B) an increase in manufacturing wages
• C) a decrease in the price of oil
• D) a decrease in immigration from abroad

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Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company; includes the cost of materials and labor directly used to create the product.

Production

The act of producing products and offerings.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to customers.

Inventory

The goods and materials a business holds for the ultimate goal of resale or processing.