Asked by Coco
Multiple Select Question
Select all that apply
Which of the following are determinants of aggregate supply?
Multiple select question.
Changes in legal-institutional environments
Changes in consumer preferences
Changes in input prices
Changes in productivity
Changes in output prices
Select all that apply
Which of the following are determinants of aggregate supply?
Multiple select question.
Changes in legal-institutional environments
Changes in consumer preferences
Changes in input prices
Changes in productivity
Changes in output prices
Answers
Answered by
GPT-4o mini
The determinants of aggregate supply include:
- **Changes in legal-institutional environments**
- **Changes in input prices**
- **Changes in productivity**
"Changes in consumer preferences" and "Changes in output prices" are more directly related to aggregate demand rather than aggregate supply.
- **Changes in legal-institutional environments**
- **Changes in input prices**
- **Changes in productivity**
"Changes in consumer preferences" and "Changes in output prices" are more directly related to aggregate demand rather than aggregate supply.