In Which Situation Would the Long-Run Aggregate-Supply Curve Shift Right

question 236

Multiple Choice

In which situation would the long-run aggregate-supply curve shift right?

• A) if the government were to increase the minimum wage
• B) if the government were to increase the number of import tariffs
• C) if the government were to raise taxes on investment spending
• D) if the government were to increase immigration

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Definitions:

Recordkeeping

The process of maintaining accurate and systematic records of financial transactions and other business events.

Custody of Assets

Holding and safeguarding of assets or securities by a financial institution or an individual on behalf of the owner.

Responsibilities

Duties or obligations assigned to individuals or organizations, requiring them to act in certain ways or achieve specific outcomes.

Electronic Funds Transfer

The electronic exchange or transfer of money from one account to another, either within the same financial institution or across different institutions, through computer-based systems.