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4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS)

What does a rightward shift in aggregate supply mean?

A

More output is supplied at every price level.

B

Less output is supplied at every price level.

C

Aggregate demand rises at every price level.

D

The general price level rises at every output level.

4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS) Flashcards

  1. Intl A Level
  2. /Economics
  3. /4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS)

20 flashcards on CIE Intl A Level Economics 4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS): the key terms and definitions you need to recall.