Changes in Aggregate Spending Not Caused by Changes in Output

question 148

Multiple Choice

Changes in aggregate spending not caused by changes in output or the inflation rate, also known as exogenous changes in spending, will shift the:

• A)short-run aggregate supply curve.
• B)long-run aggregate supply curve.
• C)potential output line.
• D)aggregate demand curve.

---

Definitions:

Utilization of Resources

Refers to the efficient and effective use of resources such as time, money, and materials within an organization or project.

Cost Reduction

Strategies or actions taken to lower expenses and increase efficiency in business operations.

Cross-functional Teams

Teams composed of members from different departments or functional areas within an organization, working together towards a common goal.

Environmentally Sound Operations

Business practices that minimize negative impacts on the environment, often focusing on sustainable resource use and waste reduction.