The short-run aggregate supply curve will shift to the left if:
A)there is a significant increase in worker productivity.
B)workers on fixed-wage contracts expect higher inflation.
C)the price of raw materials decreases.
D)the price of capital goods rises.
E)wages fall in anticipation of higher prices.

Question

Quizplus · Accepted Answer

The Answer of The short-run aggregate supply curve will shift to the left if:
A)there is a significant increase in worker productivity.
B)workers on fixed-wage contracts expect higher inflation.
C)the price of raw materials decreases.
D)the price of capital goods rises.
E)wages fall in anticipation of higher prices.

The Short-Run Aggregate Supply Curve Will Shift to the Left