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Fiscal and monetary policies are used to shift the aggregate supply curve or the aggregate demand curve?
Aggregate demand curve.
What factors cause a shift to the right in the aggregate supply curve?
ask your mom!
Can the aggregate demand curve move independently of the aggregate supply curve?
Yes, the aggregate demand curve can move independently of the aggregate supply curve. Factors such as changes in consumer confidence, monetary policy, and fiscal policy can shift the aggregate demand curve without directly affecting aggregate supply. For example, an increase in government spending can boost aggregate demand while aggregate supply remains unchanged in the short term. However, over time, changes in demand can influence supply as businesses adjust to new economic conditions.
What effect would a decrease in production costs for all firms have on the aggregate supply curve?
the curve would shift to the right
Will a technological advance shift the supply or demand curve?
it will shift the supply curve to the right
Fiscal and monetary policies are used to shift the aggregate supply curve or the aggregate demand curve?
Aggregate demand curve.
What factors cause a shift to the right in the aggregate supply curve?
ask your mom!
Can the aggregate demand curve move independently of the aggregate supply curve?
Yes, the aggregate demand curve can move independently of the aggregate supply curve. Factors such as changes in consumer confidence, monetary policy, and fiscal policy can shift the aggregate demand curve without directly affecting aggregate supply. For example, an increase in government spending can boost aggregate demand while aggregate supply remains unchanged in the short term. However, over time, changes in demand can influence supply as businesses adjust to new economic conditions.
What effect would a decrease in production costs for all firms have on the aggregate supply curve?
the curve would shift to the right
Will a technological advance shift the supply or demand curve?
it will shift the supply curve to the right
Does a change in producers' technology lead to a movement along the supply curve or shift in the supply curve?
just lead to a shift in the supply curve.
Does a change in producers' technology lead to a movement along the supply curve or a shift in the supply curve?
Changes in a producer's technology can lead to a SHIFT in the supply curve.
What would cause the aggregate demand curve to shift to the right?
The aggregate demand curve will shift to the right as the economy expands. When that happens, the quantity of output demanded for a given price level rises.
What can cause the AS curve to shift to the right?
The Aggregate Supply (AS) curve can shift to the right due to several factors, including improvements in technology that increase productivity, a decrease in the cost of raw materials, or an increase in the labor supply. Additionally, favorable government policies, such as tax incentives or reduced regulation, can enhance production efficiency. Increased investment in capital goods can also boost overall supply, leading to a rightward shift in the AS curve.
What is a rightward shift of a supply curve?
A rightward shift is an increase in supply.
Does a change in price level shift the aggregate demand curve?
Yes
How inflation arises through an outward shift of an aggregate demand curve?
no
