An Increase in Long- Run Aggregate Supply Could Be Caused

question 32

Multiple Choice

An increase in long- run aggregate supply could be caused by

• A)greater regulatory impediments to business.
• B)oil embargo in another country.
• C)increased competition.
• D)an increase in taxes.

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Definitions:

Equations

Mathematical statements that assert the equality of two expressions, used in solving problems and expressing relationships between variables.

Equation Editor

A software tool or application that allows for the input, editing, and display of mathematical equations.

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Specific details or information about something; the fine points that differentiate one thing from another.

Experiment

An experimental method conducted to uncover a new finding, verify a supposition, or prove an established fact.