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

B

Economics

You might also like to view...

National accounts measure ________

A) the labor force participation rate in a country B) the total amount of capital goods available in a country C) the level of aggregate economic activity in a country D) the total money supply in a country

Economics

If two goods are considered substitutes and the price of one decreases, the other good's

A. demand curve will shift to the right. B. demand curve will shift to the left. C. supply curve will shift to the left. D. supply curve will shift to the right.

Economics