Which Factor Would NOT Cause the Supply Curve to Shift

question 185

Multiple Choice

Which factor would NOT cause the supply curve to shift?

• A)a change in the technology of production
• B)a change in factor costs
• C)a change in the price of the good
• D)a change in suppliers' expectations of future prices

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Definitions:

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Deficit Financing

The practice of funding government spending by borrowing rather than from taxation or savings, often leading to a budget deficit.

Recession

An interval where the economy experiences a downturn, with a noticeable decrease in trade and manufacturing activities, usually identified by GDP decreasing for two straight quarters.