Which of the Following Will Increase the Aggregate Quantity of Output

question 49

Multiple Choice

Which of the following will increase the aggregate quantity of output supplied?

• A)an increase in input prices
• B)an increase in the average price level
• C)a technological advancement
• D)an increase in net exports

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Definitions:

Tort

A civil wrong or breach of duty to another person, as outlined by law, which could constitute a lawsuit for damages.

Contractual Incapacity

Contractual incapacity refers to a person's legal inability to enter into a binding contract due to various reasons such as age, mental condition, or duress.

Infant

A child in the earliest period of life, particularly before they can walk; in legal contexts, often synonymous with a minor.

Adult

An individual who has reached the age of majority, legally recognized as capable of managing personal affairs and responsible for their actions.