Examlex

Solved

Refer to the Figure Given Below

question 198

Multiple Choice

Refer to the figure given below. Refer to the figure given below.   In the above figure, AD<sub>1</sub> and AS<sub>1</sub> represent the original aggregate demand and aggregate supply curves, respectively.AD<sub>2</sub> and AS<sub>2</sub> show the new aggregate demand and aggregate supply curves.The change in aggregate supply from AS<sub>1</sub> to AS<sub>2</sub> could be caused by: A) a reduction in the price level. B) an increased availability of entrepreneurial talent. C) an increase in business taxes. D) the real-balances effect, interest-rate effect, and foreign-trade effect. In the above figure, AD1 and AS1 represent the original aggregate demand and aggregate supply curves, respectively.AD2 and AS2 show the new aggregate demand and aggregate supply curves.The change in aggregate supply from AS1 to AS2 could be caused by:


Definitions:

Revised Model Business Corporation Act

An updated framework designed to guide the formation, operation, and governance of corporations, aiming to standardize business practices across states.

Registered Office

The official address of a corporation or company, where legal documents are sent and statutory records are kept.

Promoter

An individual or company responsible for organizing, marketing, and often financing a project or venture, especially in the entertainment industry or in founding a corporation.

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Related Questions