Which of the Following Shifts Both Short-Run and Long-Run Aggregate

question 120

Multiple Choice

Which of the following shifts both short-run and long-run aggregate supply to the left?

• A) a decrease in the actual rate of inflation
• B) a decrease in the expected rate of inflation
• C) a decrease in the capital stock
• D) a drought in the Midwest agricultural areas.

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Definitions:

"Rock-bottom" Groups

Indicates groups of individuals at the lowest possible point or level, often referring to socio-economic status or psychological well-being.

Ex-drug Addicts

Individuals who have successfully ceased the use of addictive drugs and are in the process of recovery from addiction.

Alcoholics Anonymous

A self-help group dedicated to supporting individuals in achieving and maintaining sobriety from alcohol.

Self-disclose

The act of revealing personal information about oneself to others, which can promote intimacy and understanding in relationships.