The Short-Run Aggregate Supply Curve Is Most Likely to Shift

question 110

Multiple Choice

The short-run aggregate supply curve is most likely to shift down (to the right) if:

• A)productivity falls.
• B)wages rise.
• C)sales taxes increase.
• D)input prices fall.

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Definitions:

Thoracic

Related to the chest region of the body, particularly concerning the ribs, heart, and lungs.

Sacral

Pertaining to the sacrum, the triangular bone at the bottom of the spine between the two hip bones.

Cervical

Relating to the cervix, the narrow passage forming the lower end of the uterus, or the neck region of the spine.

Ischial Tuberosity

The bony protrusion at the lower part of the pelvis upon which a person sits.