Which of the Following Would Shift the AS Curve to the Right

question 169

Multiple Choice

Which of the following would shift the AS curve to the right?

• A) certain sources of oil become profitable to develop
• B) lower costs for those firms that use oil as an input
• C) lower costs to consumer to heat their homes
• D) Increased investment in developing the oil sands and offshore oil

---

Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, typically measured as a percentage increase in real Gross Domestic Product (GDP).

Britain's North American Colonies

The territories in North America that were under British rule until the American Declaration of Independence in 1776, which included the original thirteen colonies.

French Colonies

Territories around the world that were under French control from the 16th century onward, contributing to the spread of French culture and language.

Midwest

The Midwest is a region of the United States located in the north-central part of the country, characterized by its largely flat terrain and significant agricultural output.