Why does the short run aggregate supply curve shift to the left?
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0
Hlo dear brainly user.....
Here is your answer....
@@ Short run aggregate supply curve shift to the left because.....
* Short run period is a very short time to change the demand of a commodity...
* So if no change in demand even when what r the prices then the supply will not be increased....
* So in short run demand can't be increased thus supply also not increase and thus,, supply curve shift to left....
### Good luck !!!
Here is your answer....
@@ Short run aggregate supply curve shift to the left because.....
* Short run period is a very short time to change the demand of a commodity...
* So if no change in demand even when what r the prices then the supply will not be increased....
* So in short run demand can't be increased thus supply also not increase and thus,, supply curve shift to left....
### Good luck !!!
Answered by
11
The aggregate supply curve shifts to the left as the price of key inputs rises, making a combination of lower output, higher unemployment, and higher inflation possible. When an economy experiences stagnant growth and high inflation at the same time it is referred to as stagflation.
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