The Long- Run Aggregate Supply Curve Will Shift Outwards and to the Right

question 55

Multiple Choice

The long- run aggregate supply curve will shift outwards and to the right when:

• A) the government reduces personal income tax
• B) the government increases company tax rates
• C) new technology is developed
• D) the costs of inputs in production rise

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Definitions:

Order

A state of organized, structured arrangement or sequence.

Family

Family refers to a social unit or group of individuals related by blood, marriage, or adoption, often forming the primary context for socialization and emotional support.

Blood Flow

The continuous circulation of blood through the cardiovascular system to deliver oxygen and nutrients to tissues and organs.

Brain Areas

Specific regions within the brain, each responsible for various functions such as emotion, thought, movement, and sensory processing.