A change in which of the following shifts the short- run aggregate supply curve?
A) an advance in technology
B) a change in the quantity of capital
C) a change in the money wage rate
D) All of the above shift the short- run aggregate supply curve.

Question

Quizplus · Accepted Answer

All of the options listed can shift the short-run aggregate supply curve. An advance in technology and a change in the quantity of capital can increase productivity, shifting the curve to the right. A change in the money wage rate affects production costs, which can shift the curve either left or right depending on whether wages increase or decrease.

A Change in Which of the Following Shifts the Short-