Which of the Following Changes Shifts the SRAS Curve Up

question 72

Multiple Choice

Which of the following changes shifts the SRAS curve up?

• A) a decrease in the labour force
• B) a decrease in the money supply
• C) an increase in government purchases
• D) an increase in firms' costs

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Definitions:

Arlie Hochschild

A distinguished sociologist known for her research on the emotional labor involved in various occupations and the impact of modern capitalism on personal and family life.

Folk Sayings

Short, traditional expressions of wisdom or truth, specific to a culture or community, often passed down through generations orally.

Conflict Theory

A theoretical framework in sociology that views society as an arena of inequality generating conflict and change.

Bureau of Labor Statistics

A federal agency that collects, processes, analyzes, and disseminates essential statistical data related to labor market activity, working conditions, and price changes in the economy.