Consider the Basic AD/AS Model

question 93

Multiple Choice

Consider the basic AD/AS model. Suppose that high- school graduates have better computing skills than did graduates in the past, resulting in an increase in average labour productivity. This change will

• A)cause a movement along the AS curve to the right.
• B)shift the AD curve to the right.
• C)shift the AS curve to the left.
• D)shift the AS curve to the right.
• E)shift the AD curve to the left.

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Definitions:

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Adaptation

The process of change by which an organism or species becomes better suited to its environment.

Dynamics of Difference

The ongoing processes and factors that both distinguish and create variations among cultures, individuals, or groups.

Self-Honesty

The practice of being truthful to oneself regarding one's feelings, desires, and actions, acknowledging both strengths and weaknesses.