Which of the Following Events Shifts the Short-Run Aggregate Supply

question 41

Multiple Choice

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

• A)An increase in government spending on military equipment
• B)A drop in oil prices
• C)An increase in price expectations
• D)None of the above is correct.

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Definitions:

Neuron

A specialized cell transmitting nerve impulses; the basic building block of the nervous system.

Lateralized

Refers to the tendency for some neural functions or cognitive processes to be more dominant in one hemisphere of the brain than the other.

Amygdala

A part of the brain involved in emotion regulation, especially fear and pleasure responses, as well as memory processing.

Asymmetry

Lack of equality or equivalence between parts or aspects of something; lack of symmetry.