If the Prices of Inputs Changes, What Will Happen to the Aggregate

question 51

Multiple Choice

If the prices of inputs changes, what will happen to the aggregate supply curve?

• A)It does not move but the economy moves along the curve.
• B)It depends on whether the input prices rise or fall.
• C)The curve will become flatter or steeper depending on whether the input prices rise or fall.
• D)It shifts inward or outward depending on whether the input prices rise or fall.

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Definitions:

Shareholder's Ownership

The holding of shares in a company by individuals or entities, providing them ownership interests and possibly dividends.

Corporation's Name

The legal name under which a corporation is registered to conduct business, distinct from its owners and shielded by the corporate veil.

Shareholder

An individual or entity that owns a share or shares of stock in a corporation, thus having an interest in its performance and governance.

Stock

Represents ownership in a corporation, entitling the holder to a share of the company's profits and assets.