Which of the Following Would Represent a Factor Capable of Shifting

question 4

Multiple Choice

Which of the following would represent a factor capable of shifting the aggregate demand curve?

• A)An increase in input costs
• B)A change in union contracts
• C)An increase in labor sources
• D)An increase in profit expectations for businesses

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Definitions:

Interviewed

The process of being asked questions by someone seeking to gather information or assess qualifications, typically in a formal setting.

Residents

Individuals living in a specified area or belonging to a specific community, often used to describe people living in a particular city or town.

Sampling Bias

A systematic error that occurs when the sample is not representative of the population from which it is drawn, potentially distorting study findings.

Inferential Statistics

A branch of statistics that allows one to make predictions or inferences about a population based on a sample of data taken from that population and analyzed through the use of statistical tests.