Which of the Following Is Most Likely to Increase Long-Run

question 24

Multiple Choice

Which of the following is most likely to increase long-run aggregate supply in an economy?

• A)A decrease in the size of the labor force
• B)A deterioration in the quality of the labor force
• C)A reduction in the cost of using computers
• D)An increase in the price level
• E)An increase in aggregate demand

Recognize and journalize contingent liabilities and understand the requirements for note disclosures related to contingencies.

Calculate and interpret liquidity ratios such as the quick ratio to assess a company's ability to meet its current liabilities.

Analyze the role of internal controls in preventing unauthorized transactions.

Understand the accounting procedures for warranty expenses and the impact of actual warranty repairs on financial statements.

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Definitions:

Skills Training

In behavior therapy, an effort to teach the client skills that he or she may lack, as well as new constructive behaviors to replace self-defeating ones.

Modeling

The process of observing and imitating a specific behavior from others, often a mechanism of learning in social contexts.

Role-Playing

A method used in psychology and education where individuals assume roles and act them out in a controlled setting to explore behaviors, thoughts, and emotions.

Cognitive Therapy

A form of psychotherapy that focuses on changing unhelpful or unhealthy thought patterns.