Which of the Following Would Cause an Increase in Long-Run

question 137

Multiple Choice

Which of the following would cause an increase in long-run aggregate supply?

• A) The price level increases.
• B) The price level decreases.
• C) Firms and workers expect the price level to fall.
• D) Firms and workers expect the price level to rise.
• E) The stock of capital increases.

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Definitions:

Genetically Determined

Traits or characteristics that are directly influenced by an individual's genetic makeup.

Genetic-Environment Correlation

The concept that exposure to environmental conditions depends in part on an individual's genotype, influencing their development and traits.

Sperm Cell

A male reproductive cell or gamete involved in sexual reproduction, capable of fertilizing an ovum.

Ova

The female reproductive cells or eggs in animals and plants, which when fertilized by male sperm can develop into a new organism.