The Long-Run Aggregate Supply Curve Will Shift to the Left

question 273

Multiple Choice

The long-run aggregate supply curve will shift to the left when

• A)population decreases.
• B)the price level increases.
• C)technology improves.
• D)new sources of oil are discovered.

Recognize the association between Alzheimer's disease and chromosome related genetic mutations.

Understand the concept and examples of defense mechanisms in psychology.

Recognize the physiological responses to stress, including the fight-or-flight response.

Identify the effects of stress on physical health and psychological well-being.

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Definitions:

Marginal Investor

A marginal investor is a representative investor whose actions reflect the overall market sentiment and whose transactions can affect a security's price.

Common Share

Equity ownership in a company, providing voting rights and entitling the shareholder to a share of the company's success through dividends and/or capital appreciation.

Dual-Class Shares

Sometimes created by a firm to meet special needs and circumstances. Generally, when special classifications of stock are used, one type is designated “Class A,” another as “Class B,” and so on. For example, Class A might be entitled to receive dividends before dividends can be paid on Class B stock. Class B might have the exclusive right to vote.

Voting Control

The power held by a shareholder or group of shareholders who possess a sufficient number of voting shares to influence or direct the management and decisions of a company.