Which of These Is Most Likely to Shift the Long-Run

question 93

Multiple Choice

Which of these is most likely to shift the long-run aggregate supply curve to the left?

• A)An increase in the average workweek
• B)An improvement in technology
• C)A civil war
• D)A decrease in aggregate demand
• E)A decline in global oil prices

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Definitions:

Debit Sheet

A record listing all debit transactions, often used in accounting to monitor expenditures.

Double-Entry Bookkeeping System

A method of bookkeeping where every entry to an account requires a corresponding and opposite entry to a different account, ensuring the accounting equation balances.

Single-Entry System

An accounting method where each financial transaction is recorded with a single entry to the accounting records, less complex than double-entry accounting.

Useful Reports

Reports that provide valuable information, aiding in decision-making or problem-solving processes.