Which of the Following Can Cause a Leftward Shift in the Aggregate

question 6

Multiple Choice

Which of the following can cause a leftward shift in the aggregate supply curve?

• A)A major natural disaster such as hurricane or earthquake.
• B)Lower marginal tax rates.
• C)A bumper agricultural crop.
• D)Trade liberalization.

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Definitions:

Federal Building

A building owned or leased by the federal government of a country, often housing government offices.

Private Militia Group

An armed group that is not part of the official military or police force of a country and often operates with a degree of autonomy to pursue specific objectives.

Special Counsel

An independent investigator appointed to investigate, and possibly prosecute, specific legal issues within or connected to the federal government when there is a potential conflict of interest.