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Card 1 of 24

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.

Card 1 of 24

2.3.2 Short-run AS Flashcards

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

24 flashcards on Edexcel A A Level Economics 2.3.2 Short-run AS: the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3.

Flashcards