A Shift in the Long-Run Aggregate Supply Curve Will Change

question 51

Multiple Choice

A shift in the long-run aggregate supply curve will change:

• A)output but not the price level.
• B)the price level but not output.
• C)both output and the price level.
• D)neither output nor the price level.

---

Definitions:

Entry

The act of entering or the point at which one gains access to a place, organization, or system.

Content Tactics

Strategies used to create, publish, and manage content in order to achieve specific business and marketing goals.

Socialization Outcomes

The results or effects of the process by which an individual learns and incorporates the norms and values of a group or society.

Debasement

The act of lowering in rank, dignity, or significance.