Other Things Equal, an Improvement in Productivity Will

question 72

Multiple Choice

Other things equal, an improvement in productivity will

• A) shift the aggregate demand curve to the left.
• B) shift the aggregate supply curve to the left.
• C) shift the aggregate supply curve to the right.
• D) increase the price level.

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Definitions:

Teaspoon

A small spoon used typically for measuring or stirring liquids, equivalent to about 5 milliliters in volume.

Hector

To bully or intimidate someone.

100 Units

A quantity measure often used in medical dosing or measurement, the specific nature of which depends on the context, such as units of insulin.