Which of the Following Is NOT an Event That Causes

question 100

Multiple Choice

Which of the following is NOT an event that causes BOTH the short-run aggregate supply (SRAS) curve and the long-run aggregate supply (LRAS) curve to shift?

• A) a change in an economy's endowments of the factors of production
• B) technological changes
• C) a change in an economy's labor supply
• D) a temporary change in the price of a key input

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Definitions:

Slave Trade

The historical trading of enslaved Africans, primarily between the 16th and 19th centuries, to the Americas.

Slave Labor

The forced labor of individuals who are owned by others, without the right to refuse work or receive payment, historically practiced in various societies.

Chesapeake Planters

Wealthy landowners in the Chesapeake Bay region during the colonial period, primarily involved in the cultivation of tobacco using slave labor.