Which of the following will NOT shift the Keynesian short-run aggregate supply curve?
A. a change in input prices
B. a change in technology
C. a change in profit expectations
D. a change in the price level
Answer: D
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Trade between countries that is without restrictions is called
A) unencumbered trade. B) unabated trade. C) free trade. D) unobstructed commerce.
Which of the following is the largest component of the assets of the Federal Reserve?
a. U.S. Treasury deposits b. U.S. government securities c. Foreign exchange d. Time deposits e. Checkable deposits
The term natural rate of unemployment refers to the minimum level of unemployment that occurs even when the economy is healthy
a. True b. False Indicate whether the statement is true or false
Zero bound refers to a situation when inflation rates are at or very near zero in an economy
a. True b. False Indicate whether the statement is true or false