Which of the Following Shifts Both the Short-Run and Long-Run

question 69

Multiple Choice

Which of the following shifts both the short-run and long-run aggregate supply right?

• A)an increase in the actual price level
• B)an increase in the expected price level
• C)an increase in the capital stock
• D)None of the above is correct.

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Definitions:

Yamasees

A Native American tribe primarily associated with the southeastern United States, known for their involvement in the Yamasee War against colonial settlers.

Licensed English Traders

Individuals or entities granted official permission to conduct trade within certain English territories or with specific goods, especially during the colonial period.

Tri-country War

A hypothetical conflict involving three distinct nations, often used to describe scenarios in military strategy or historical analysis.