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.

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Definitions:

Cross-Sectional Research

Cross-sectional research is a type of study that examines data from a population, or a representative subset, at one specific point in time.

Longitudinal

A research approach that involves studying the same participants over a period of time.

Mixed Design

A research methodology that combines elements of both between-subjects and within-subjects designs.

Cross-Sectional Studies

Studies that analyze data from a population, or a representative subset, at a specific point in time.