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:

Electronic Mail

A technique for sending messages to others using digital devices, often referred to as email.

Service Representative

An individual who represents a company or service, providing assistance, information, and support to customers or clients.

Vendor

A third-party supplier or service provider that sells products or services to organizations or individuals.

Contingency Fund

A reserve of money set aside to cover unexpected costs or financial shortfalls during a project.