Which of the Following Will Most Likely Cause an Increase

question 21

Multiple Choice

Which of the following will most likely cause an increase (shift to the right) in both the long-run and short-run aggregate supply curves?

• A) an increase in the national debt
• B) an increase in income tax rates
• C) a decrease in the economy's rate of investment and capital formation
• D) a technological improvement in robotics that substantially increases labor productivity

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Definitions:

Reaction Time

The duration of time it takes for a person to respond to a stimulus.

Multitask

The capability or act of handling more than one task simultaneously or switching between tasks quickly.

Flexibility

The ability to adapt to new, different, or changing requirements and situations.

Significant Brain Loss

A notable reduction in brain volume or mass, often associated with aging or neurological diseases.