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AD-AS Model: Shifts in Aggregate Demand
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AD-AS Model: Shifts in Aggregate Demand
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17. Aggregate Demand and Aggregate Supply Analysis / AD-AS Model: Shifts in Aggregate Demand / Problem 1
Problem 1
Which of the following correctly illustrates a leftward shift in short-run aggregate supply in the AD-AS model?
A
A shift of the long-run aggregate supply curve to the right
B
A shift of the short-run aggregate supply curve to the right
C
A shift of the aggregate demand curve to the left
D
A shift of the short-run aggregate supply curve to the left
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