Which of the Following Could Cause the Economy's AS Curve

question 30

Multiple Choice

Which of the following could cause the economy's AS curve to shift downward in the short run?

• A)a decrease in labour productivity
• B)a decrease in the cost of capital inputs
• C)a decrease in the price level
• D)an increase in the price level
• E)an increase in nominal wages

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Conflict Theory

A theoretical framework in sociology that views society as an arena of inequalities that breed conflict and change.

Structural Functionalism

A sociological theory that views society as a complex system whose parts work together to promote solidarity and stability, emphasizing the interdependence of social institutions.