Changes in which of the following do NOT shift the AS curve?
I.the price level
Ii.potential GDP
Iii.the money wage rate
A)i only
B)ii only
C)iii only
D)i and ii
E)i,ii,and iii

Name: Changes in which of the following do NOT shift the AS curve? I.the price level Ii.potential GDP Iii.the money wage rate A)i only B)ii only C)iii only D)i and ii E)i,ii,and iii
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Question

Quizplus · Accepted Answer

The price level does not shift the Aggregate Supply (AS) curve; it causes movement along the curve.

Changes in Which of the Following Do NOT Shift the AS Curve