Which of the Following Would Cause the Short-Run Aggregate Supply

question 74

Multiple Choice

Which of the following would cause the short-run aggregate supply curve to shift leftward?

• A)a drop in energy prices
• B)a drop in the actual price level
• C)workers opting for more leisure time and less time on the job
• D)new investment spending that is greater than depreciation of the capital stock
• E)a technological breakthrough with widespread practical applications that occurs in the microcomputer industry

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Definitions:

Stakeholder Responsibility

The obligations or duties that an organization or individual has towards stakeholders, including ethical conduct and accountability for actions that affect them.

Smog Pollutants

Harmful substances in the air, typically from industrial pollutants and vehicle emissions, that combine with fog to create smog.

Sophisticated Software

Advanced computer programs that are designed to perform complex tasks efficiently and effectively.

Social Responsibility

The ethical framework suggesting that entities, whether businesses or individuals, have an obligation to act for the benefit of society at large.