Question: Higher resource costs shift the Select one A. short-run aggregate supply curve leftward, raising the price level and decreasing potential GDP B. short-run aggregate supply

Higher resource costs shift the Select one A. short-run aggregate supply curve leftward, raising the price level and decreasing potential GDP B. short-run aggregate supply curve leftward, raising the price level and decreasing real GDP so it is less than .potential GDP C. short-run aggregate supply curve rightward, raising the price level and decreasing real GDP so it is less than .potential GDP D. long-run aggregate supply curve leftward, decreasing real GDP and increasing potential GDP

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