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21 Oct 2020

Which of the following would cause the SRAS to shift to the left?

Increase in consumption

Decrease in investment

Increase in interest rate

Increase in oil prices

Aggregate Supply

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Kristelle BalandoLv10

21 Oct 2020

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Related questions

Which of the following would cause the SRAS to shift to the right?

1. Increase in consumption
2. Decrease in investment
3. Decrease in nominal wages
4. Increase in oil prices

What is the effect of a decrease in oil prices on SRAS and real GDP?

1. Increase in SRAS; increase in real GDP
2. Increase in SRAS; decrease in real GDP
3. Decrease in SRAS; increase in real GDP
4. Decrease in SRAS; decrease in real GDP

Which of the following would cause a decrease in the short-run aggregate curve (SRAS)?

a. a decrease in the oil prices

b. an advance in technology

c. an increase in CPI

d. an increase in the Long-Run Aggregate Supply Curve (LRAS)

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