The figure given below depicts long run equilibrium in an aggregate demand-aggregate supply model.Which of these could have caused the movement shown in this figure?
Definitions:
Societal Expectations
The anticipated and prescribed behaviors, norms, and roles that society considers appropriate for individuals and organizations.
Adapting and Developing
The continuous process of making adjustments to changes in the environment or situation, and enhancing capabilities or resources to meet new challenges.
Streamlining Operations
Refers to the process of making a business's operations more efficient and effective by improving workflows and removing unnecessary steps or overhead.
Fewer Layers
A term describing an organizational structure with reduced levels of middle management for faster decision-making.
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