Which One, If Any, of the Following Events Shift the Short-

question 4

Multiple Choice

Which one, if any, of the following events shift the short- run aggregate supply curve but not the long- run aggregate supply curve?

• A)a catastrophic event such as a tornado or hurricane
• B)a change in the quantity of capital
• C)an advance in technology
• D)a change in factor prices
• E)an increase in the full- employment quantity of labour

---

Definitions:

Initiation Fee

A charge or payment required for beginning membership or participation in a club, organization, or program.

Honour Society

An organization that recognizes excellence among peers; often in academic or professional contexts.

Elaboration Likelihood Model

A theory in social psychology that proposes two routes to persuasion: the central route and the peripheral route, based on the degree of thought and cognitive processing involved.

Central Route

A method of persuasion that entails thoughtful consideration of the arguments and content of a message.