Question
The aggregate supply curve will shift to the right when: A: government spending increases B: the capital stock of the economy decreases C: the nominal
The aggregate supply curve will shift to the right when:
A: government spending increases
B: the capital stock of the economy decreases
C: the nominal wage rate increases
D: energy prices fall.
I am thinking the answer is D--is this correct? B and C areleftward shifts, and I believe A affects Aggregate Demand ratherthan Aggregate Supply.
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
