To Produce a Rightward Shift in the Aggregate Supply Curve,supply-Siders

question 58

Multiple Choice

To produce a rightward shift in the aggregate supply curve,supply-siders argue for

• A) a large surplus of unemployed workers to hold down wage rates.
• B) large government deficits to hold down aggregate demand.
• C) higher taxes on personal and corporate incomes.
• D) financial incentives to encourage additional saving.
• E) a money supply that is absolutely fixed over time.

---

Definitions:

Treadmill of Production

A theory that explains the environmental degradation resulting from the endless pursuit of economic growth.

Economic Expansion

Describes a period when a country's economy grows due to factors like increased production, consumption, and investment, leading to higher GDP and improved living standards.

Environmental Sociologists

Specialists who study the interactions between societies and their environments, including the social factors that cause environmental problems and those affected by them.

Environmental Issues

Problems related to the environment such as pollution, climate change, and biodiversity loss that affect natural ecosystems and human societies.