The Long-Run Aggregate Supply Curve Would Shift to the Right

question 40

Multiple Choice

The long-run aggregate supply curve would shift to the right if:

• A) the unemployment rate decreased.
• B) faster 5G mobile technology was widely implemented.
• C) the inflation rate decreased.
• D) The long-run aggregate supply curve is fixed and does not shift.

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Definitions:

Asch

A psychologist best known for his research on conformity, demonstrating how group pressure could influence individuals to conform.

Learned Helplessness

A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed, leading to a belief that one's actions have no effect on the outcome.

Obedience

A form of social influence where an individual follows the orders or directions from an authority figure.

Disobey Orders

The act of choosing not to follow directives given by those in authority, often due to ethical, moral, or personal reasons.