Which of the Following Will Cause an Increase in Aggregate

question 276

Multiple Choice

Which of the following will cause an increase in aggregate supply?

• A) Decreased competition
• B) An increase in the price level
• C) An increase in marginal tax rates
• D) A decrease in input prices

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Definitions:

Domestic Policies

Government strategies and decisions primarily concerned with activities within a country's borders, such as social welfare, education, and healthcare.

Commerce Clause

A provision in the U.S. Constitution granting Congress the power to regulate trade between states, foreign nations, and Indian tribes.

Article I

Article I is the first section of the United States Constitution, establishing the legislative branch of the government, specifying the powers and structure of Congress.

Fourteenth Amendment

The Fourteenth Amendment to the U.S. Constitution grants citizenship to all persons born or naturalized in the U.S. and ensures equal protection under the law.