Which of the Following Would Cause a Positive Aggregate Demand

question 63

Multiple Choice

Which of the following would cause a positive aggregate demand shock, but leave the aggregate supply curve unaffected?

• A)A medical report confirming that improved health for Canadian workers caused fewer lost days of production.
• B)A substantial increase in world oil prices.
• C)A severe drought lasting for six months that destroys agricultural and forestry production.
• D)An improvement in the computer literacy of workers.
• E)A free trade agreement between Canada and the United States that leads Canadian businesses to increase investment expenditures.

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Definitions:

Positive Social Psychology

Positive Social Psychology focuses on the study and application of positive thoughts, behaviors, and emotions in social contexts to enhance well-being and thrive in group or societal levels.

Positive Psychology

The scientific study of human strengths and virtues that enable individuals and communities to thrive.

Practical Social Psychology

The application of social psychological principles to practical issues and real-world problems to improve human interactions and society.

Remedial Social Psychology

An area of social psychology focused on understanding and addressing social problems and fostering positive social change.