A decrease in the costs of resources or inputs of production would shift the:
A) short-run aggregate supply curve rightward.
B) short-run aggregate supply curve leftward.
C) long-run aggregate supply curve rightward.
D) long-run aggregate supply curve leftward.
A
You might also like to view...
An increase in the price of a good causes
A) a change in the slope of the budget line. B) an increase in the consumption of that good. C) a rightward shift of the demand curve for that good. D) a parallel rightward shift of the budget line.
If a firm makes zero economic profit, then the firm
A) has no incentive to stay in the industry. B) is better of exiting the industry. C) is indifferent between staying and exiting the industry. D) will shut down.
The graph below shows the Chamberlin model. The profit maximization level of output for a monopolistically competitive firm is 
A. 0D. B. 0C. C. 0A. D. 0B.
Which of the following is an example of a bank's assets?
A) reserves borrowed from the Fed B) loans made to customers C) checkable deposits D) savings deposits