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
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.