Which of the Following Shifts the Aggregate Supply Curve Leftward

question 129

Multiple Choice

Which of the following shifts the aggregate supply curve leftward?

• A)An increase in potential GDP.
• B)An increase in real GDP.
• C)A fall in the price level.
• D)A decrease in the money price of oil.
• E)An increase in the money wage rate.

---

Definitions:

Strategic Phase

A stage in the planning or implementation process where long-term plans and objectives are defined and developed, often involving thorough analysis and strategic thinking.

Formal Process

A structured series of steps or procedures designed to achieve a specific goal or outcome, often documented and repeatable.

Clear Objectives

Precisely defined goals or targets that an individual, group, or organization aims to achieve.

Standards of Conduct

Guidelines and expectations for behavior within a professional setting, aiming to ensure ethical and respectful interactions.