Other Things Equal, an Improvement in Productivity Will

question 90

Multiple Choice

Other things equal, an improvement in productivity will

• A) increase the equilibrium price level.
• B) shift the aggregate supply curve to the left.
• C) shift the aggregate supply curve to the right.
• D) shift the aggregate demand curve to the left.

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Definitions:

National Effluent Standards

Regulations set by a country to control the discharge of pollutants from industrial sites into water bodies to protect environmental and public health.

Affected Industry

An economic sector or industry that experiences direct impacts, either positive or negative, as a result of specific policy actions, market conditions, or technological changes.

U.S. Army Corps

A federal agency within the Department of Defense responsible for military engineering and environmental management, including the construction and maintenance of infrastructure and flood protection.

Dredged

The process of cleaning, deepening, or widening a waterway by removing sediments and debris from the bottom.