Which of the Following Would Cause a Decrease (Leftward Shift)

question 161

Multiple Choice

Which of the following would cause a decrease (leftward shift) in the short-run aggregate supply curve (SRAS) ?

• A) an increase in oil prices
• B) an advance in technology
• C) an increase in the CPI
• D) an increase in the long-run aggregate supply curve (LRAS)

Understand different theoretical perspectives on intelligence, including Spearman's and Sternberg's.

Understand the concepts of reliability and validity in psychological testing.

Identify and explain the relationship between test reliability and validity.

Describe different perspectives on intelligence (unitary vs. multiple abilities).

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Definitions:

Fire Extinguishers

Fire extinguishers are active fire protection devices used to extinguish or control small fires, often in emergency situations.

Subsidized

Financial support provided by the government or other institutions to reduce the cost of services or commodities.

Tax

Compulsory financial charges or levies imposed by a government on individuals or entities to fund public spending and government operations.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, commonly seen in situations where the activity of one entity leads to positive effects for others.