Question 1
What does short-run aggregate supply $($SRAS$)$ show?
Question 2
Why is the $SRAS$ curve usually drawn as upward sloping?
Question 3
Which factor would most likely cause the $SRAS$ curve to shift left?
Question 4
Which of the following is an example of a negative supply-side shock that can reduce short-run aggregate supply?
Question 5
In the short run, if aggregate demand increases and the $SRAS$ curve is upward sloping, what usually happens to real output and the price level?
