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2.3.2 Short-run AS

What type of change can shift SRAS in the short run?

A

Price levels determine shifts in SRAS; technology and factor productivity remain fixed.

B

Aggregate demand determines shifts in SRAS; technology and factor productivity remain fixed.

C

Consumer confidence determines shifts in SRAS; technology and factor productivity remain fixed.

D

Production costs determine shifts in SRAS; technology and factor productivity remain fixed.

2.3.2 Short-run AS Flashcards

  1. A Level
  2. /Economics
  3. /2.3.2 Short-run AS

Flashcards for Edexcel A A Level Economics 2.3.2 Short-run AS, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 24 cards, matched to the Edexcel A A Level Economics (9EC0) specification.