ECONOMICS
AGGREGATE SUPPLY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Increase in capital stock
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Increase in wages
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Decrease in capital stock
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Improvements in technology
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Detailed explanation-1: -Changes in prices of factors of production shift the short-run aggregate supply curve. In addition, changes in the capital stock, the stock of natural resources, and the level of technology can also cause the short-run aggregate supply curve to shift.
Detailed explanation-2: -Which of the following shifts short-run, but not long-run aggregate supply right? aggregate demand right. If the dollar depreciates because of speculation or government policy, U.S. aggregate demand shifts right.
Detailed explanation-3: -Answer and Explanation: The correct answer is A. An increase in the capital stock.
Detailed explanation-4: -Answer and Explanation: The right answer is C. A decrease in the oil price. Option A: With the increased price level of supply, there will be a decrease in production and it will make AS shift left.