All Else Being Equal,an Increase in ________ Would Shift the Long-Run

question 51

Multiple Choice

All else being equal,an increase in ________ would shift the long-run aggregate supply curve to the left.

• A) the unemployment rate
• B) the inflation rate
• C) economic growth
• D) government spending
• E) the rate at which capital deteriorates (depreciation)

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Definitions:

Enantiomers

Molecules that are mirror images of each other but cannot be superimposed upon one another, similar to left and right hands.

Polarimeter Tube

A component of a polarimeter used to measure the rotation of polarized light as it passes through an optically active substance.

Polarized Light

Light waves in which the vibrations occur in a single plane.

Racemic Mixture

A mixture containing equal amounts of left- and right-handed enantiomers of a chiral molecule, showing no optical activity as a whole.