Other Things Being Equal,the Economy's AS Curve Will Shift Downward

question 57

Multiple Choice

Other things being equal,the economy's AS curve will shift downward if there is

• A)a decrease in labour productivity.
• B)a decrease in the cost of capital inputs.
• C)a decrease in the price level.
• D)an increase in the price level.
• E)an increase in nominal wages.

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Definitions:

One-Way Assistance

Assistance provided without the expectation of direct reciprocation, often found in contexts where one party is in a position to help another unilaterally.

Momentary Physical Interaction

A brief physical engagement or contact between individuals.

Middle Childhood

A developmental stage that occurs between early childhood and adolescence, typically involving children ages 6 to 12, characterized by significant growth in social, cognitive, and emotional areas.

Motivate Students

The process of stimulating interest and enthusiasm among students to inspire them to learn and achieve success in their educational endeavors.