A Decrease in Aggregate Supply in the Short Run Is

question 2

Multiple Choice

A decrease in aggregate supply in the short run is

• A)shown by a shift to the left of the AS curve.
• B)shown by a shift to the right of the AS curve.
• C)interpreted to mean that more national output will be supplied at any given price level.
• D)caused by a decrease in the price level.
• E)caused by an increase in the price level.

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