An Increase in the Long-Run Aggregate Supply Curve Is Due

question 86

Multiple Choice

An increase in the long-run aggregate supply curve is due to an increase in

• A) the price level.
• B) the natural rate of unemployment.
• C) real per capita GDP.
• D) the rate of economic growth.
• E) the rate of inflation.

---

Definitions:

Chemical Fertilizers

Man-made substances applied to soil to supply one or more plant nutrients essential to the growth of plants, often promoting rapid growth compared to organic alternatives.

Groundwater Contamination

The introduction of pollutants or undesirable substances into the underground water supply, posing risks to health and the environment.

Cost and Benefits

An analysis method that compares the expenses associated with an action to the advantages gained, used in decision-making.

Current Situation

The existing state or condition of a particular matter or context at a specific time.