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:

Extinct Species

Species that no longer exist; having no living members.

Biotic Pollution

The introduction of harmful living organisms into ecosystems, leading to negative effects on native species and their habitats.

Unregulated Hunting

Hunting without restrictions or oversight, which can lead to overexploitation and significant declines in wildlife populations.

Biodiversity Hotspot

A region with a high amount of biological diversity that faces significant threats from human activities.