Which of the Following Statements Is CORRECT

question 5

Multiple Choice

Which of the following statements is CORRECT?

• A) An improvement in technology shifts the long-run aggregate supply curve to the right.
• B) A decrease in inflationary expectations shifts the short-run aggregate supply curve to the left.
• C) As business expectations become more negative,the short-run aggregate supply curve shifts to the right.
• D) Lower subsidies to business firms shift the short-run aggregate supply curve to the right.

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Definitions:

Realized Gain

The profit made from the sale of an asset, recognized when the asset is actually sold and the transaction is complete.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as a single economic entity.

Voting Shares

Shares of a corporation's stock that grant the shareholder the right to vote on corporate matters, such as the election of the board of directors.

Consolidated Financial Statements

Financial statements that present the assets, liabilities, equity, income, and cash flows of a parent company and its subsidiaries as one single entity.