Which of the Following Events Would Cause a Shift in the Aggregate

question 22

Multiple Choice

Which of the following events would cause a shift in the aggregate supply curve in the short run?

• A) An increase in the money supply.
• B) A decrease in government spending.
• C) A decrease in consumer confidence.
• D) An increase in taxes.
• E) An increase in the markup.

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Definitions:

Pharmaceuticals

Pharmaceuticals are medical drugs manufactured for diagnosis, treatment, or prevention of diseases, developed through extensive research and testing.

Natural Waters

Bodies of water found in nature, such as rivers, lakes, and oceans, which have not been significantly altered by human activity.

Elemental Symbol

A notation of one or two letters representing a chemical element derived from its current English name or historical Latin name.

Selenium

A non-metallic chemical element with properties similar to sulfur and tellurium, used in electronic components and as a dietary supplement.