Which of the Following Events Will Lead to an Inward

question 9

Multiple Choice

Which of the following events will lead to an inward shift of the aggregate supply curve?

• A)An increase in the price level
• B)An increase in consumer spending
• C)An increase in labor productivity
• D)An increase in wage rates

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Definitions:

Lintner

Lintner refers to John Lintner, an economist known for his work on the dividend policy of firms and contributions to the capital asset pricing model (CAPM).

Miller and Scholes

Refers to Merton Miller and Myron Scholes, economists recognized for their work in finance, including the development of the Black-Scholes model for option pricing.

Miller and Scholes

Refers to economists Merton Miller and Myron Scholes, noted for their contributions to the field of finance, including work on the pricing of options and corporate finance.