A Rightward Shift in the Aggregate Supply Curve Might Best

question 112

Multiple Choice

A rightward shift in the aggregate supply curve might best be explained by:

• A)an increase in business taxes.
• B)a decrease in productivity.
• C)an increase in nominal wages.
• D)a decrease in the price of imported resources.

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Definitions:

Unconscious Motivations

Drives and desires operating below the level of conscious awareness, influencing behavior and decision-making.

Serotonin

A neurotransmitter that plays a key role in regulating mood, appetite, and sleep among other functions.

Pessimistic Attitude

A tendency to focus on the negatives of a situation or to expect the worst possible outcome.

Biological Perspective

An approach in psychology focusing on understanding human and animal behavior through biological processes, including genetics, the brain, and the nervous system.