Economics Multiple Choice Question – 3 August 2021

What would cause a shift in the short-run aggregate supply curve but NOT the long-run aggregate supply curve?

Select ONE answer:

1. advances in technology
2. a change in the money wage rate
3. emigration of people of working age
4. gross investment exceeding depreciation

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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