Which of the Following Supply Shocks Will Shift the Long-Run

question 149

Multiple Choice

Which of the following supply shocks will shift the long-run aggregate supply curve outward?

• A)An increase in business taxes
• B)An increase in gasoline taxes
• C)An increase in the cost of raw materials
• D)An increase in the amount and cost of government regulation
• E)An increase in agricultural output

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Definitions:

Narcissism

A psychological condition characterized by self-centeredness, a lack of empathy for others, and an excessive need for admiration.

Agreeableness

Agreeableness is a personality trait characterized by warmth, kindness, and a tendency to cooperate and seek social harmony.

Extraversion

A personality trait characterized by outgoing, sociable, and energetic behavior.

Self-Esteem

An individual's overall subjective emotional evaluation of their own worth or personal value.