Answer to Question #242890 in Macroeconomics for Ch 29 (3)

Question

Which of the following will cause a shift in the short run aggregate supply curve? 

(i) An increase in the full employment quantity of labour. 

(ii) An increase in GDP. 

(iii) A decrease in money wage. 

(iv) A change in personal income.

Only ii and iv.

i, ii, iii and iv.

Only i, ii and iii.

Only i and iii.

Answer 1

Only i, ii and iii.