Everything Else Held Constant, a Change in Workers' Expectations About

question 111

Multiple Choice

Everything else held constant, a change in workers' expectations about the inflation rate will cause ________ to change.

• A) aggregate demand
• B) short-run aggregate supply
• C) the production function
• D) long-run aggregate supply

---

Definitions:

Affective

Relating to moods, feelings, and attitudes; the emotional aspect of consciousness as opposed to cognitive or behavioral aspects.

Instrumental

Serving as a means or tool to achieve a desired goal or end.

Shared Language

A common mode of communication or terminology understood by a particular group or community.

Cross-Training

The practice of training in multiple athletic disciplines or skill sets to improve overall performance and reduce the risk of injury.