The Short-Run Aggregate Supply Curve Will Not Shift to the Left

question 105

Multiple Choice

The short-run aggregate supply curve will not shift to the left if

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

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Definitions:

Connectives

Logical operators used in logic to connect propositions or statements, such as "and," "or," "if...then," and "not."

Main Connective

The logical function within a complex statement that dictates the entire statement's truth status.

Symbolic Notation

A system of symbols and operators used to express logical, mathematical, or specific domain concepts in a concise and standardized form.

Atomic Statements

The simplest type of statement that cannot be broken down into smaller statements, often representing a single fact or assertion.