Aggregate Supply Could Increase Due to All of the Following

question 102

Multiple Choice

Aggregate supply could increase due to all of the following except:

• A) an improvement in technology
• B) decrease in the price of resources
• C) optimistic producers' expectations
• D) increase in government spending
• E) none - all of these would cause aggregate supply to increase

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Definitions:

Communist Political Ideals

A set of beliefs and values that advocate for a classless society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

Corruption

Dishonest or fraudulent conduct by those in power, typically involving bribery or the misuse of authority for personal gain.

Ethical Dilemmas

Situations in which a person or organization must choose between competing moral principles or actions, often without a clear right answer.

Foreign Investment

Capital investment made by individuals, companies, or governments in business interests in another country.