Which of the Following Shifts the Long-Run Aggregate Supply Curve

question 58

Multiple Choice

Which of the following shifts the long-run aggregate supply curve to the right?

• A) A decrease in the quantity of factor inputs.
• B) A decrease in input prices.
• C) A fall in labour productivity.
• D) A decrease in the natural level of GDP.

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Definitions:

Chronological Age

The amount of time that has passed since an individual's birth, measured in years.

Mental Age

Mental Age is a concept used to describe an individual's cognitive ability level, expressed in terms of the average age at which normal individuals reach a particular level of mental performance.

Nonverbal Intelligence

The ability to understand and interact with others using nonverbal cues such as facial expressions, gestures, and body language, rather than verbal communication.

Intellectually Disabled

A term used to describe individuals with significant limitations in both intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.