73.5k views
0 votes
A decrease in the expected price levels shifts

User Charlie Wu
by
5.9k points

1 Answer

2 votes

The correct answer is Only the short run aggregate supply curve right

Explanation: Price is not the only factor that affects a quantity demanded.

Changes in factors such as average income and preferences may cause an entire demand curve to shift to the right or left. This causes a larger or smaller quantity to be demanded, given a certain price.

User Harold Javier
by
5.9k points