A Shift to the Right of the Short-Run Aggregate Supply

question 50

Multiple Choice

A shift to the right of the short-run aggregate supply curve may be caused by a(n) :

• A) decrease in productivity.
• B) increase in productivity.
• C) increase in the price of inputs.
• D) increase in wages.

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Definitions:

SimQuick

A software package for Excel that allows users to simulate business processes quickly and effectively.

Arrival Rate

In queueing theory or logistics, it refers to the average rate at which entities arrive or are processed through a system.

Arrival Rate

The rate at which something occurs or is repeated over a particular period of time.

Service Rate

The speed at which a service provider can complete a service or process an item, often measured in units per time period.