What are the determinants of short-run aggregate supply?
A) changes in government spending, taxes, and business and inflationary expectations
B) changes in input prices, taxes, and business and inflationary expectations
C) changes in education, taxes, and business and inflationary expectations
D) changes in input prices, taxes, and technology
Correct Answer:
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Q30: The short-run aggregate supply curve
A) is downward
Q31: The long-run aggregate supply curve is vertical
Q32: Which factor will cause the aggregate demand
Q33: Ceteris paribus, the multiplier effect would be
Q34: The Great Depression showed that the short-run
Q36: If the marginal propensity to consume is
Q37: Which set of events would lead to
Q38: Which is NOT consistent with the level
Q39: In the long run, attempts to expand
Q40: (Figure: Predicting Aggregate Demand Shifts) Which of
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