What Could a Leftward Shift of the Short-Run Aggregate Supply

question 71

Multiple Choice

What could a leftward shift of the short-run aggregate supply curve reflect?

• A)an increase in the capital stock
• B)lower expected input prices
• C)a change in technology that increases output per unit of input
• D)higher expected input prices

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Definitions:

Sublimation

A defense mechanism in psychology where socially unacceptable impulses or idealizations are unconsciously transformed into socially acceptable actions or behavior.

Denial

A psychological defense mechanism involving refusal to accept reality or facts, therefore avoiding dealing with painful feelings.

Repression

A defense mechanism where unpleasant thoughts, memories, or desires are excluded from conscious awareness.

Projection

A defense mechanism where one attributes their own unwanted emotions or traits to other people.