2.3.2 - Short - Run AS Flashcards

1
Q

What Is The Main Cause Of A Shift In The SRAS Curve?

A

Change in the cost of production.

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2
Q

What Can Cause A Change In The Cost Of Production?
(3 Points)

A

~ Changes in costs of raw materials and energy.

~ Changes in exchange rates.

~ Changes in tax rates.

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