The Short-Run Aggregate Supply Curve Shifts Because of Changes in All

question 13

Multiple Choice

The short-run aggregate supply curve shifts because of changes in all of the following EXCEPT

• A) the capital stock.
• B) technological progress.
• C) money wage rates.
• D) the price level.

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Definitions:

Realistic Group Conflict Theory

A theory suggesting that intergroup conflict arises from competition over limited resources, leading to prejudice and discrimination.

Stereotype Threat Theory

The theory that suggests individuals may underperform in situations where they fear being judged or confirming negative stereotypes about their social group.

Intergroup Anxiety Theory

A psychological explanation suggesting that anxiety arising from interactions between different social groups can lead to prejudice.

Terror Management Theory

A social psychological concept positing that much of human behavior is motivated by an underlying fear of mortality.