Which of the Following Would Cause the Long-Run Aggregate Supply

question 77

Multiple Choice

Which of the following would cause the long-run aggregate supply curve to shift?

• A) an increase in the price level
• B) a decrease in the expected price level
• C) an increase in labor productivity
• D) an autonomous increase in consumption spending

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Definitions:

Unions

Organizations formed by workers to promote their rights, achieve common goals, and protect their interests.

Nonunion Committees

Groups or committees within a workplace that operate independently of traditional labor unions to represent employees' interests.

Employee Participation

involves the active engagement and contribution of employees in decision-making processes and activities within an organization, aiming to improve morale, efficiency, and workplace democracy.

Employee Involvement Programs

Initiatives designed to engage employees in decision-making processes, aiming to improve job satisfaction and productivity.