Which of the Following Changes Shifts the SRAS Curve Up

question 89

Multiple Choice

Which of the following changes shifts the SRAS curve up?

• A)An increase in the labor force
• B)An increase in firms' costs
• C)A decrease in government purchases
• D)An increase in the money supply

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Definitions:

Children Under 18

Individuals who are legally recognized as minors and have not yet reached the age of majority, which is typically 18 years in many countries.

Percentage

A proportion or share in relation to a whole, represented as a fraction of 100.

Urban

Refers to areas, characteristics, or living conditions that are typical of a city or town.

Upper-Middle-Class

A socioeconomic class characterized by high income, significant cultural capital, advanced educational achievements, and a comfortable lifestyle.