Which of the Following Must Occur to Achieve Large and Lasting

question 40

Multiple Choice

Which of the following must occur to achieve large and lasting increases in output?

• A)An increase in potential GDP.
• B)An increase in the use of existing capacity.
• C)A shift in aggregate supply to the left.

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Definitions:

Consumer Packaging and Labelling Act

This is a regulatory law ensuring that products sold to consumers have clear, accurate, and standardized labeling and packaging to inform and protect consumers.

Dangerous Drugs

Substances classified under law as having a high potential for abuse and harm, often regulated or banned.

Controlled Conditions

are specific environments or settings that are intentionally manipulated and maintained for the purpose of conducting experiments or processes accurately.

Specific Price

A definite and unambiguous cost assigned to a particular item or service.