A Leftward Shift in the Short Run Aggregate Supply Curve

question 203

Multiple Choice

A leftward shift in the short run aggregate supply curve

• A) is the result of the Fed increasing the quantity of money.
• B) is the result of a rise in the price of a key resource.
• C) is the result of consumer expenditures exceeding available output.
• D) increases both the price level and real GDP.

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