Short-Run Aggregate Supply (SRAS) - AP Macroeconomics

Shifts SRAS curve to the right. Energy is a major production input cost.

Shifts SRAS curve to the right. More capital increases productive capacity.

Shifts SRAS curve to the left. Fewer subsidies increase effective production costs.

Shifts SRAS curve to the left. Lower productivity increases per-unit costs.

Wages that do not adjust quickly to changes in economic conditions. Creates short-run rigidity in labor markets.

Shifts SRAS curve to the left. Worse technology increases production costs.

Shifts SRAS curve to the left. Higher input costs increase production expenses.

No, it affects aggregate demand, not SRAS. Preferences affect demand, not supply conditions.

Shifts SRAS curve to the right. Lower taxes reduce business operating costs.

No, it affects the quantity supplied, not SRAS itself. AD affects quantity demanded, not supply conditions.

Shifts SRAS curve to the right. Raw materials are essential production inputs.

Shifts SRAS curve to the right. Energy is a major production input cost.

Shifts SRAS curve to the left. Oil is a key input cost for many industries.

Shifts SRAS curve to the right. Better technology reduces production costs.

Shifts SRAS curve to the left. Higher labor costs increase production expenses.

Increased regulation shifts SRAS left. Compliance costs increase, reducing supply.

Shifts SRAS curve to the left. Strikes reduce available labor and output.

An increase in production costs. Higher costs reduce profitability and supply.

Shifts SRAS curve to the right. Lower costs increase firms' willingness to supply.

No, it affects aggregate demand, not SRAS. Consumer demand affects AD curve, not SRAS.

The SRAS curve illustrates the relationship between price level and output in the short run. Shows how much firms will produce at different price levels.

Increased productivity shifts SRAS right. Higher output per worker reduces unit costs.

Can shift SRAS curve left or right depending on the shock. Direction depends on whether shock is positive or negative.

Shifts SRAS curve to the right. Lower taxes reduce business costs.

Higher inflation expectations can shift SRAS left. Expected inflation leads to higher wage demands.

Shifts SRAS curve to the right. Higher productivity reduces per-unit production costs.

A change in the price level. Price level changes cause movement along, not shifts.

Shifts SRAS curve to the right. Lower labor costs reduce production expenses.

Shifts SRAS curve to the left. More regulation increases compliance costs for firms.