The SAS curve shifts if there is a change in
A) nominal GDP.
B) the price level.
C) real GDP.
D) potential GDP.

Name: The SAS curve shifts if there is a change in A) nominal GDP. B) the price level. C) real GDP. D) potential GDP.
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Question

Quizplus · Accepted Answer

The SAS (Short-Run Aggregate Supply) curve shifts due to changes in potential GDP, which reflects changes in the economy's capacity to produce goods and services.

The SAS Curve Shifts If There Is a Change in