Consider the Basic AD/AS Model

question 125

Multiple Choice

Consider the basic AD/AS model.Suppose that high-school graduates have better computing skills than did graduates in the past,resulting in an increase in average labour productivity.This change will

• A)shift the AS curve to the left.
• B)shift the AS curve to the right.
• C)shift the AD curve to the left.
• D)shift the AD curve to the right.
• E)cause a movement along the AS curve to the right.

---

Definitions:

Phosphatidic Acid

A fundamental diacylglycerol derivative with a phosphate group, playing a key role in lipid metabolism and the biosynthesis of glycerophospholipids.

Phospholipids

A class of lipids that are a major component of all cell membranes as they can form lipid bilayers.

Lipid Bilayer

A thin polar membrane made of two layers of lipid molecules; fundamental structure of cell membranes.

Soaps

Salts of fatty acids used in cleaning and as surfactants, produced from the reaction of fats with a strong base.