True or False questions (Macroeconmics)

Question 6 (1 point) The aggregate supply curve will shift out to the right as productivity increases. True False Question 7 (1 point) The aggregate supply curve will shift left as the price of key inputs rises, and will shift out to the right if the price of key inputs falls. True False Question 8 (1 point) If the AS curve shifts the left, the combination of higher output, lower unemployment, and lower inflation, called stagflation occurs. True False Question 9 (1 point) Long-term economic growth is illustrated in the AD/AS framework by a gradual shift of the aggregate supply curve to the left True False Question 10 (1 point) The neoclassical zone occurs at the right of the SRAS curve where it is fairly vertical, and so movements in AD will affect the price level, but have little impact on output. True False