Which of the Following Would Cause an Increase in the Price

question 29

Multiple Choice

Which of the following would cause an increase in the price level in the long run?

• A) The number of workers in the labor force increases.
• B) Net exports decrease.
• C) Investment increases.
• D) Natural resources increase.
• E) There is a temporary increase in the price of oil.

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Definitions:

Divisional

Pertaining to a type of organizational structure where operations are segmented based on divisions, each focusing on a particular product line or geographic area.

Resources

Assets or inputs needed by an organization or individual to produce goods or services.

Knowledge

Information, understanding, and skills that individuals acquire through experience or education; the theoretical or practical understanding of a subject.

Legal Entities

Organizations that have legal rights and responsibilities, recognized as such by law, such as corporations, partnerships, and sole proprietorships.