Which of the Following Would Shift the AS Curve to the Right

question 169

Multiple Choice

Which of the following would shift the AS curve to the right?

• A) certain sources of oil become profitable to develop
• B) lower costs for those firms that use oil as an input
• C) lower costs to consumer to heat their homes
• D) Increased investment in developing the oil sands and offshore oil

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Definitions:

Depressions

Extended periods of significant decline in economic activity across an economy, characterized by high unemployment, falling prices, and reduced levels of trade and investment.

Price Increases

Price increases refer to the rise in the cost or value of goods and services over time, often measured by inflation rates.

Depression

A prolonged period of significant decline in economic activity and employment, more severe than a recession, marked by long-term unemployment and financial distress.

Stock Prices

Stock prices represent the current market value of a share of a company's stock, determined by the supply and demand for that stock in the marketplace and reflecting investor perceptions of the company's future prospects.