Which of the following causes the aggregate supply curve to shift inward? a. Increase in quantity of labor b. Increase in quantity of capital c. Decrease in GDP d. Decrease in price level
Which of the following causes the aggregate supply curve to shift inward? a. Increase in quantity of labor b. Increase in quantity of capital c. Decrease in GDP d. Decrease in price level
Chapter14: Aggregate Demand And Supply
Section: Chapter Questions
Problem 6SQP
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Question
Which of the following causes the aggregate supply curve to shift inward?
a.
Increase in quantity of labor
b.
Increase in quantity of capital
c.
Decrease in GDP
d.
Decrease in price level
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