Which of the Following Statements Is True

question 118

Multiple Choice

Which of the following statements is true?

• A) A decrease in wage rates will shift the SRAS curve to the left.
• B) An adverse supply shock will shift the SRAS curve to the left.
• C) A fall in the prices of nonlabor inputs will shift the SRAS curve to the left.
• D) An increase in labor productivity will shift the SRAS curve to the left.
• E) c and d

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Definitions:

Babbling

Referring to the developmental phase in infants, babbling is an essential precursor to language development, where infants experiment with making sounds, indicating early speech capability.

Schemes

Schemes are organized patterns of thought or behavior that individuals use to interpret and interact with the world around them, pivotal in the cognitive development theory of Jean Piaget.

Language Development

The process by which individuals acquire and refine the ability to understand and produce language.

Brain

The central organ of the human nervous system, located in the skull, responsible for processing sensory information, regulating bodily functions, and enabling cognition and emotions.