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:

Capital Contribution

Money, assets, or other resources a partner or shareholder provides to a company or partnership to increase its capital.

LLC Statutes

Laws and regulations that govern the formation, operation, and dissolution of Limited Liability Companies within a jurisdiction.

Articles of Organization

The document filed with a state governmental body to legally form a limited liability company (LLC).

Noncorporate Business Organization

Any form of business entity that is not incorporated, such as partnerships, sole proprietorships, and limited liability companies, where the legal and tax characteristics may differ from those of corporations.