Which One of the Following Newspaper Quotations Describes a Leftward

question 122

Multiple Choice

Which one of the following newspaper quotations describes a leftward shift of the LAS curve?

• A)"The decrease in consumer spending may lead to a recession."
• B)"The increase in consumer spending is expected to lead to inflation, without any increase in real GDP."
• C)"Recent higher wage settlements are expected to cause higher inflation this year."
• D)"Growth has been unusually high the last few years due to more women entering the work force."
• E)"The recent tornadoes destroyed many factories in Calgary and Edmonton."

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Definitions:

Outcome-Based Ethics

An ethical framework that focuses on the results or consequences of actions to determine their moral value, rather than the actions themselves.

Potential Benefits

The possible advantages or positive outcomes that may result from a particular action or policy.

Decision Makers

Individuals or groups responsible for making choices that set a course of action for themselves or an organization.

Moral Principles

Fundamental beliefs and values that guide individuals in determining what is right and wrong behavior.