Which of the Following Must Also Shift If the Long-Run

question 117

Multiple Choice

Which of the following must also shift if the long-run aggregate supply curve shifts?

• A) the aggregate production function or the aggregate demand curve
• B) the aggregate production function or the labor demand curve
• C) the aggregate demand curve and the short-run aggregate supply curve
• D) the aggregate demand curve and the labor supply curve

---

Definitions:

Core Values

Fundamental beliefs or guiding principles that dictate behavior and can help people understand the difference between right and wrong within an organization.

Performance Excellence

Achieving outstanding levels of performance that meet or exceed an organization's goals and stakeholders' expectations, through continuous improvement practices and quality management.

Worker Involvement

The practice of including employees in the decision-making process of a business, often to improve morale, productivity, and ownership of work.

Core Values

These are the fundamental beliefs of a person or organization, guiding principles that dictate behavior and action.