The Aggregate Supply Curve Shifts to the Right When

question 19

Multiple Choice

The aggregate supply curve shifts to the right when:

• A) The labour force declines.
• B) Technology improves.
• C) There is a substantial decline in the numbers attending university.
• D) There is a decrease in net immigration.

---

Definitions:

Balance Sheet

A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time.

Cash Flows

The total amounts of money being transferred into and out of a business, particularly in terms of operational, investing, and financing activities.

Financial Statement

Consolidated documents that present the financial activities and condition of a business, including the balance sheet, income statement, and cash flow statement.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position at a specific point in time, listing assets, liabilities, and shareholders' equity.