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

question 84

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 depreciates

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Definitions:

Logical Definition

The precise and formal explanation of a term or concept within the framework of logic.

Metaphorical Language

Use of language that implies a meaningful comparison between two unlike things without the use of like or as.

Genus

A classification in biology and taxonomy referring to a group of species that share common characteristics, ranking above species and below family.

Genus

A principal taxonomic category that ranks above species and below family, used in the classification of organisms and the grouping of species sharing common characteristics.