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- Which of these does NOT cause shifts in short run aggregate supply (SRAS)? Nominal wages Firms' stock prices Commodity prices Productivity (output per worker)The long-run aggregate supply curve shifts right if Answer immigration from abroad increases. the capital stock increases. technology advances. All of the above are correct.A decrease in the price level accompanied by no change in the money wage rate leads to movement along the aggregate supply curve. Salart ana
- If the aggregate demand is 300 + 50P and the aggregate supply is 100 + 60P calculate the value of PWhich only affects short run aggregate supply? Choose all that apply. Group of answer choices Inflationary expectations Input prices Saving Technology Number of resourcesDraw Aggregate Demand, Short Run Aggregate Supply, and Long Run Aggregate Supply as if an economy is in both short run and long run equilibrium.
- improvements in productivity shift the aggregate supply curve outward. true falseAggregate Supply Curve may shift to right due to improvement in technologyom the information provided, determine whether you are given an Aggregate Supply or Aggregate Demand Schedule and, if Aggregate Supply, the me frame associated with the price level and output. HINT: You may want to plot out the points on a graph. Price Level Output (in billions) $565 561 558 555 550 124 123 122 121 120
- A breakthrough in solar energy research that halves the cost of electricity will have no effect on the aggregate supply curve. shift the aggregate supply curve to the right. cause the aggregate supply curve to become vertical. shift the aggregate supply curve to the left.An increase in the price of an imported resource will cause, Group of answer choices: The aggregate supply curve to remain the same. The Aggregate supply curve to shift to the right The Aggregate supply curve to shift to the left a movement along the Aggregate supply curve The economy to operate in the long-runAn increase in the price level causes the aggregate supply curve to shift to another supply schedule. True or False