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

question 216

Multiple Choice

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

• A)an increase in the actual price level
• B)an increase in the money supply
• C)increased international trade
• D)None of the above is correct.

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Definitions:

State Industries

Industries that are owned, controlled, or heavily regulated by government entities to provide public services or goods.

Central Banks

National institutions tasked with overseeing a country's currency, money supply, and interest rates, and supervising its banking system.

Developing Countries

Nations with relatively lower levels of industrialization, lower standards of living, and often a lower Human Development Index (HDI) compared to developed countries.

Direct Cash Transfers

A form of financial aid where money is given directly to individuals, typically by the government, without any intermediary goods or services.