Economic Growth Is Represented by A

question 139

Multiple Choice

Economic growth is represented by a:

• A) leftward shift of a production possibilities curve.
• B) rightward shift of the long-run aggregate supply curve (LRAS).
• C) horizontal long-run aggregate supply curve (LRAS).
• D) downward shift of an aggregate production function.

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Definitions:

Group Test

An assessment given to multiple participants at once, facilitating the evaluation of many individuals simultaneously.

Ability

The possession of the means or skill to do something or perform a task effectively.

Mental Test

An assessment designed to evaluate cognitive, perceptual, and intellectual abilities, often used in psychological and educational settings.

Grip Strength

A measure of the force exerted by the hand and forearm muscles.