If the Costs of Production Increase,there Is

question 88

Multiple Choice

If the costs of production increase,there is

• A)an increase in aggregate supply and the AS curve shifts rightward.
• B)a decrease in aggregate supply and the AS curve shifts leftward.
• C)an increase in the quantity of real GDP supplied and a movement up along the AS curve.
• D)a decrease in the quantity of real GDP supplied and a movement down along the AS curve.
• E)a decrease in aggregate supply and the AS curve shifts rightward.

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Definitions:

Infraorbital Foramen

An opening located below the orbit (eye socket) on the skull through which nerves and blood vessels pass.

Foramen Magnum

The large opening at the base of the skull through which the spinal cord passes to connect with the brain.

Vertebral Arteries

Arteries that supply blood to the upper spine, brainstem, cerebellum, and posterior part of the brain.

Sella Turcica

A saddle-shaped depression in the sphenoid bone of the human skull, where the pituitary gland is situated.