Graphically an Increase in the Short-Run Aggregate Supply Line Represents

question 15

Multiple Choice

Graphically an increase in the short-run aggregate supply line represents a(n) ________, and a shift leftward of the long-run aggregate supply line represents a(n) ________.

• A)adverse inflation shock; shock to potential output
• B)favorable inflation shock; shock to potential output
• C)shock to potential output; adverse inflation shock
• D)shock to potential output; favorable inflation shock

---

Definitions:

Brain

The organ located in the head of an animal that coordinates its behavior, processes sensory information, and is the center of intelligence and emotion.

Physical and Mental Health

The overall state of a person's body and mind, including the absence of illness and the presence of well-being.

Work Time

The period designated for performing job-related tasks or activities.

Shift

A change in position, direction, or tendency, often referring to a movement or transfer from one point to another.