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

question 57

Multiple Choice

Which of the following would cause the long-run aggregate supply curve to shift rightward?  

• A) a rise in energy prices 
• B) a drop in the actual price level 
• C) if workers opt for more leisure time and less time on the job 
• D) if a technological breakthrough, with widespread practical applications, occurs in the microcomputer industry

---

Definitions:

Income Statements

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net income or net loss.

Trial Balance

A financial worksheet aggregating all ledger balances into equivalent totals of debit and credit columns.

Account Balances

The amounts of money in an account at any given time, representing the net of debits and credits over a period.

Cash Payments

Outflows of cash from a company to settle debts, purchase goods or services, or make investments.