Which of the Following Events Will Shift the Long-Run Aggregate

question 57

Multiple Choice

Which of the following events will shift the long-run aggregate supply curve?

• A) a decrease in participation by women in the labor force
• B) an increase in the economy's general price level
• C) a liberal immigration policy that welcomes foreign workers
• D) a decrease in the average work week from 40 hours to 36 hours

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Definitions:

Correction

The process of adjusting something to correct errors or inaccuracies.

Parallel

A configuration in an electrical circuit where components are connected across common points or junctions, leading to equal voltage across them but potentially different currents through each component.

Series

A configuration in which electrical components are connected end-to-end in a single path for the electric current to flow through.

Ampacities

A term referring to the maximum amount of electric current a conductor or device can carry before sustaining immediate or progressive deterioration.