Which of the following shifts the short-run but not the long-run aggregate-supply curve left?

a. an increase in the expected price level
b. a decrease in the expected price level
c. a decrease in how much people want to consume
d. an appreciation of the dollar


Ans: a. an increase in the expected price level

Economics

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All of the following are components of the expenditure approach to measuring GDP EXCEPT

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Assume the demand curve is line AD. If price is OF, the consumer surplus is bounded by letters


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C. FBD.
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