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the factorscan causethe aggregate supply schedule to shift leftward
the factorscauseleftward shifts in the aggregate supply schedule
a change in the aggregate supply determinants(passive) is caused byA change in aggregate supply
changes in input costs such as wages , oil and other input priceswill causechanges in aggregate supply
A change in any factor other than the price levelcausesa change in aggregate supply
a change in : An aggregate supply determinant(passive) would be caused byA change in aggregate supply
Increased food availability through reduced pricesmay resultAggregate supply increase
by a change in the price level(passive) is ... caused byany change in aggregate supply
by a change in the price level(passive) is ... causedany change in aggregate supply
Some of these aspectscausefavourable changes in aggregate supply
the relation between the price level and real production and the determinantscausea change in aggregate supply
A positive supply shockcausesaggregate supply to increase
the determinantscausea change in aggregate supply
Anything ... the price levelcausesaggregate supply to change
changes in two other factors(passive) are ... caused bychanges in aggregate supply are
the price levelcausesa change in aggregate supply
in which of the followingwould causean increase in aggregate supply
A decrease in labor costswill causeaggregate _ _ _ _ supply to increase
factorscauseshifts in the aggregate supply curve
flexible A supply shockcausesa shift in : short - run aggregate supply
a list of factorscauseshifts in the aggregate supply curve
changes in : A. consumption spending(passive) are caused byShifts in the aggregate supply curve
Exhibit 5 - 20 ... a list of factorscauseshifts in the aggregate supply curve
by some external factor that causes costs of production to change(passive) caused bya shift in aggregate supply
orderto influenceaggregate supply levels
Changes in these factorscauseshifts of the supply curve
Shifts ... non - price - level factorscan causea shift in the aggregate supply
What factorscan causea shift in Aggregate Supply
What factorscan causea shift in the aggregate supply
What factorscausea shift in Aggregate Supply
8 FactorsInfluencingGDP Aggregate Supply Aggregate supply
the three major factorscan causea shift in aggregate supply
increase profit marginsleadingto a shift down in aggregate supply
events such as a change in the overall level of resource productivity and changes in resource availability(passive) are caused byShifts in aggregate supply
three real - world forcescould causea " shift in Aggregate Supply
Name as many factors as you canwill causea shift in aggregate supply
aggregate supply ... the most common areasinfluenceit.determinants of aggregate supply
b. Increase costs and lower profit marginsleadingto a shift up in aggregate supply
Increase costs and lower profit marginsleadingto a shift up in aggregate supply
This is shown by the diagram below the increase in productivitywill causethe aggregate supply to shift
into the pricesettinginto the price
stagflation Ccan causestagflation C
stagflationcan causestagflation
stagflation can causestagflation
stagflation a combination of recession and inflationcan causestagflation a combination of recession and inflation
input pricesinfluenceinput prices
to a decrease in the price levelleadingto a decrease in the price level
to increases in the potential output of the economycan leadto increases in the potential output of the economy
to three more recessionscontributedto three more recessions
to lower real GDPalways leadto lower real GDP
inflation(passive) caused byinflation
to three more recessions by 1982contributedto three more recessions by 1982
aggregate supply an example of automatic stabilizerinfluenceaggregate supply an example of automatic stabilizer
in a shift of the short run Phillips curvewill resultin a shift of the short run Phillips curve
income and employment to change in which of the following wayswill ... causeincome and employment to change in which of the following ways
equilibrium price and equilibrium quantityto causeequilibrium price and equilibrium quantity
price and quantityto causeprice and quantity
in increased aggregate demandshould resultin increased aggregate demand
output fluctuations in the short run and the long runcauseoutput fluctuations in the short run and the long run
to a change in employment levelhence leadingto a change in employment level
cost - push(passive) caused bycost - push
a decrease in both output and price level if aggregate supply iswill causea decrease in both output and price level if aggregate supply is
a shift in the pricecausinga shift in the price
to higher output but also higher interest ratesleadingto higher output but also higher interest rates
unemployment and inflation to move in the same directioncausesunemployment and inflation to move in the same direction
to ecological imbalancemay leadto ecological imbalance
in the Great Recessionresultingin the Great Recession
booms and recessions AGGREGATE DEMAND AND AGGREGATE SUPPLY Economic activitycan causebooms and recessions AGGREGATE DEMAND AND AGGREGATE SUPPLY Economic activity
booms and recessionscan causebooms and recessions
to inflationary pressureleadsto inflationary pressure
a decline in aggregate demandcausesa decline in aggregate demand
Cost Push Inflation(passive) Is caused byCost Push Inflation
price level to changecausesprice level to change
to higher wool priceshave ledto higher wool prices
wide fluctuations in the prices of these commoditiescausewide fluctuations in the prices of these commodities
a leftward shift in the Phillips Curvecausea leftward shift in the Phillips Curve
to 1 high real outputleadingto 1 high real output
cost push inflationcausingcost push inflation
to price hike and inflationleadsto price hike and inflation
inflation(passive) is causedinflation