Which of the Following Shifts the Aggregate Supply Curve Rightward

question 116

Multiple Choice

Which of the following shifts the aggregate supply curve rightward?
I.The money wage rate rises.
Ii.Potential GDP increases.
Iii.Government expenditure on goods and services increases.

• A)i only
• B)ii only
• C)iii only
• D)ii and iii
• E)i,ii,and iii

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Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or used up within one year or within the business's operating cycle.

Horizontal Analysis

A method used in financial analysis to compare historical financial information over a series of reporting periods.

Comparative Financial Statement

Financial statements that provide financial data for multiple periods, facilitating the analysis of trends over time.

Current Ratio

A financial ratio that expresses the relationship between current assets and current liabilities, computed by dividing current assets by current liabilities.