Which of These Would NOT Cause a Shift in the Short-Run

question 64

Multiple Choice

Which of these would NOT cause a shift in the short-run aggregate supply curve?

• A) an increase in resource prices
• B) a decrease in the expected rate of inflation
• C) a major technological advancement
• D) a decrease in real interest rates

Understand the concept and significance of a cash budget in management.

Comprehend the rationale behind the prioritization of the sales budget.

Learn how to prepare a sales budget and understand its components.

Apply practical knowledge in calculating inventory and budgeted costs.

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Definitions:

Bargaining Power of Buyers

The ability of buyers to influence the price and terms of purchase due to their leverage over sellers.

Economic

Related to the production, consumption, and transfer of wealth within a community or society.

Interest Rate

The amount of money paid for the use of borrowed funds.

Legal/Regulatory

Pertaining to laws, regulations, and legal standards that govern the operations, actions, and compliance requirements of individuals and organizations.