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Alinara [238K]
2 years ago
13

Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply. Change Needed

to Decrease AS Input prices Decrease
SAT
1 answer:
andreev551 [17]2 years ago
8 0

In order to decrease short-run aggregate supply: the following needs to be executed:

  • Increase in input prices.
  • Increase in Tax Rates
  • Increase Burdensome regulations.
<h3>What is short-run aggregate supply?</h3>

The Short-run aggregate supply (SRAS) is a graphical model (See sample attached) that depicts the short-run positive relationship between the aggregate price level and the amount of aggregate production delivered in an economy.

The above listed factors are elements which if increased can trigger a reduction in the supply of goods and services and vice versa.

Learn more about  short-run aggregate supply:
brainly.com/question/2823954
#SPJ1

Full Question:

Fill in the table by indicating the changes in the determinants necessary to decrease short-run aggregate supply.

1.Input Prices

2.Tax rates

3.Burdensome regulations

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