Other Things Being Equal,the Economy's AS Curve Will Shift Upward

question 68

Multiple Choice

Other things being equal,the economy's AS curve will shift upward in the short run if there is

• A)an increase in the cost of capital.
• B)a decrease in the cost of capital.
• C)a decrease in nominal wages.
• D)a decrease in the price level.
• E)an improvement in technology.

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