The Short-Run Aggregate Supply Curve Will Shift to the Left

question 120

Multiple Choice

The short-run aggregate supply curve will shift to the left if:

• A)there is a significant increase in worker productivity.
• B)workers on fixed-wage contracts expect higher inflation.
• C)the price of raw materials decreases.
• D)the price of capital goods rises.
• E)wages fall in anticipation of higher prices.

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