Which of the Following Will Result in an Upward Shift

question 49

Multiple Choice

Which of the following will result in an upward shift of the aggregate production function?

• A) An increase in the rate of taxation in the economy
• B) An increase in productivity due to the discovery of an advanced technology
• C) An increase in the aggregate price level in the economy
• D) An increase in the number of educated people in the economy

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Definitions:

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Religious Practice

The act of engaging in rituals, beliefs, and activities associated with a particular faith or conviction.

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Post-mortem examinations of a body to determine the cause of death or the extent of disease.

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A type of grief that impedes a person’s future life, usually because the person clings to sorrow or is buffeted by contradictory emotions.