Which of the Following Would Cause the Short-Run Aggregate Supply

question 126

Multiple Choice

Which of the following would cause the short-run aggregate supply curve to shift to the right?

• A)an increase in the price level
• B)a decrease in inflation expectations
• C)a technological advance
• D)an increase in interest rates
• E)an increase in the price of natural resources

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Definitions:

Fluency

The ability to express oneself easily and articulately, often referring to proficiency in a language or other modes of communication.

Productivity

The effectiveness and efficiency with which individuals or organizations achieve their goals, often measured in terms of output over time.

Hallucinations

Perceptions of objects, sounds, or sensations with no external source, often occurring in psychiatric conditions.

Perceptual Illusions

Misinterpretations or distortions of a real sensory stimulus, often highlighting how the brain organizes and interprets sensory information.