Which of the following would cause a shift in the short-run aggregate supply curve, but no change in the long-run aggregate supply curve? an increase in the size of the labor force O an increase in the wage rate an increase in the quantity of capital O all of the above would shiftboththe long-run aggregate supply curve and the short-run aggregate suppl curve.
Which of the following would cause a shift in the short-run aggregate supply curve, but no change in the long-run aggregate supply curve? an increase in the size of the labor force O an increase in the wage rate an increase in the quantity of capital O all of the above would shiftboththe long-run aggregate supply curve and the short-run aggregate suppl curve.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Question 2
Which of the following would cause a shift in the short-run
aggregate supply curve, but no change in the long-run
aggregate supply curve?
O an increase in the size of the labor force
an increase in the wage rate
an increase in the quantity of capital
O all of the above would shiftboththe long-run aggregate supply curve and the short-run aggregate supply
curve.
Question 3
Which of the following would NOT lead to a shift in the long-
run aggregate supply curve?
O An increase in the money supply.
1
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