Which of the Following Shifts the Short-Run Aggregate Supply Left

question 28

Multiple Choice

Which of the following shifts the short-run aggregate supply left?

• A) an increase in price expectations
• B) an increase in the price level
• C) an increase in the money supply
• D) a decrease in the price of oil

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Definitions:

Final Forecast

The last prediction made regarding future events or outcomes, such as sales or weather, taking into account all available information up to the present.

Intervening Steps

Intermediate actions or processes that occur between the initiation and completion of a particular activity or goal.

Sales Forecast

The total sales of a product that a firm expects to sell during a specified time period under specified environmental conditions and its own marketing efforts.