China's Working-Age Population Is Expected to Decline in the Next

question 71

Multiple Choice

China's working-age population is expected to decline in the next 20 years.In the long run,we can expect this to

• A) increase aggregate demand.
• B) decrease aggregate demand.
• C) decrease long-run aggregate supply.
• D) increase short-run aggregate supply.
• E) increase long-run aggregate supply.

---

Definitions:

Rewards Drive

The motivation prompted by the anticipation or receipt of rewards, influencing behavior and decision-making.

Extrinsic Motivators

External incentives such as rewards or punishments that encourage a person to perform an activity, regardless of whether the activity is inherently enjoyable.

Money

A medium of exchange, unit of account, and store of value used to facilitate transactions and measure the value of goods and services.

Fame

The state of being widely known and recognized by the public, often due to achievements or notable qualities.