According to Figure 17

question 54

Multiple Choice

According to Figure 17.7,a shift in the long-run aggregate supply from LRAS₁ to LRAS₂ would most likely result from

• A)An increase in government spending.
• B)An increase in labor skills.
• C)A decrease in transfer payments.
• D)An increase in the money supply.

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Definitions:

Unconditioned Stimulus

In classical conditioning, it's a stimulus that naturally and automatically triggers a response without any learning needed.

Fourth Of July

A federal holiday in the United States commemorating the adoption of the Declaration of Independence on July 4, 1776.

Firecrackers

Small explosive devices designed to produce a large amount of noise, especially in the form of a loud bang; typically used for entertainment or celebration.

Unconditioned Stimulus

In classical conditioning, a stimulus that instinctively and automatically elicits a reflex response without any previous learning.