Workers Expect Inflation to Rise from 3% to 5% Next

question 135

Multiple Choice

Workers expect inflation to rise from 3% to 5% next year.As a result, this should

• A)shift the short-run aggregate supply curve to the left.
• B)shift the short-run aggregate supply curve to the right.
• C)move the economy up along a stationary short-run aggregate supply curve.
• D)move the economy down along a stationary short-run aggregate supply curve.
• E)shift the long-run aggregate supply curve to the right.

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Definitions:

Threats

External factors or conditions that could potentially cause harm to an organization's ability to achieve its goals.

Capabilities

the qualities, resources, and skills that an organization or individual possesses, enabling them to perform effectively.

SWOT Analysis

A strategic planning tool that evaluates an organization's strengths, weaknesses, opportunities, and threats to assist in making informed decisions.

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The application of a resource or tool in a manner that increases efficiency, effectiveness, or output.