Which of the Following Shifts the Short-Run Aggregate Supply Curve

question 75

Multiple Choice

Which of the following shifts the short-run aggregate supply curve right?

• A)both an increase in the price level that is greater than expected and an increase in the expected price level.
• B)an increase in the price level that is greater than expected,but not an increase in the expected price level.
• C)an increase in the expected price level,but not an increase in the price level that is greater than expected.
• D)neither an increase in the price level that is greater than expected nor an increase in the expected price level.

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Definitions:

Null Hypothesis

The hypothesis that there is no effect or no difference, and any observed deviation from this is due to sampling or experimental error.

Level of Significance

A threshold used in hypothesis testing to determine if a result is statistically significant, often represented by the alpha (α) level.

Population Proportion

The ratio of members in a group to the entire population that share a particular characteristic.

Alternative Hypothesis

In hypothesis testing, the hypothesis that proposes a difference or effect, contrary to the null hypothesis, which implies no effect or difference.