Which of the Following Will NOT Shift the Short-Run Aggregate

question 87

Multiple Choice

Which of the following will NOT shift the short-run aggregate supply (SRAS) curve?

• A) a change in the wage rate
• B) technological progress
• C) a reduction in energy prices
• D) a change in the consumer spending

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Definitions:

Interest in Land

A legal right or claim to real estate property, including ownership or use rights.

Statute of Frauds

A legal principle requiring certain types of contracts to be written and signed by the party to be charged, in order to be legally enforceable.

Real Property

Pertains to land and anything permanently attached to it, such as buildings, including the rights associated with ownership of land.

Uniform Commercial Code

A detailed collection of regulations for overseeing commercial activities in the USA, aimed at standardizing business statutes nationwide.