Which of These Would NOT Cause an Increase in Long-Run

question 215

Multiple Choice

Which of these would NOT cause an increase in long-run aggregate supply?

• A) an increase in government expenditures on infrastructure
• B) a free trade agreement that significantly reduces previous trade barriers
• C) an increase in the average education level in the labor force
• D) a reduction in poverty due to new income redistribution programs

Understand the concept of market equilibrium without taxation.

Evaluate the change in tax revenue when the tax rate changes.

Analyze the impact of a tax on the number of units bought and sold.

Understand the impact of taxation on labor income and the overall tax burden for workers.

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