Changes in which of the following do NOT shift the AS curve?
i. the price level
ii. potential GDP
iii. the money wage rate
A) i only B) ii only C) iii only D) i and ii E) i, ii, and iii
A
Economics
You might also like to view...
In the above table, the technique that is not technologically efficient is
A) A. B) B. C) C. D) D.
Economics
In San Francisco there are many restaurants that specialize in a wide variety of cuisines. Patronage at these restaurants is influenced by factors such as tastes, price, and location. This market is
A) monopolistically competitive. B) oligopolistic. C) monopolistic. D) perfectly competitive.
Economics