Which of the Following Would Cause the Short-Run Aggregate Supply

question 36

Multiple Choice

Which of the following would cause the short-run aggregate supply curve to shift leftward?  

• A) a drop in energy prices 
• B) workers opting for more leisure time and less time on the job 
• C) new investment spending that is greater than depreciation of the capital stock 
• D) a technological breakthrough, with widespread practical applications, that occurs in the microcomputer industry

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Definitions:

Inputs

Resources, information, or effort that is put into a system or process to achieve an output or a result.

Technology Component

Elements or parts of a technological system, such as hardware, software, and network resources, that are essential for its functioning.

Throughputs

The amount of material or items passing through a system or process within a given period.

Technology Component

An element or part of a larger technological system that performs a specific function.