The Long-Run Aggregate Supply Curve Would Shift Right If the Government

question 14

Multiple Choice

The long-run aggregate supply curve would shift right if the government were to

• A)reduce the minimum-wage.
• B)make unemployment benefits more generous.
• C)raise taxes on investment spending.
• D)All of the above are correct.

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Definitions:

Sales Message

A communication designed to persuade a potential buyer about the benefits of a product or service, encouraging them to make a purchase.

New Cell Phone

The latest model or version of a mobile phone that incorporates recent technology and features.

Potential Customers

Individuals or entities likely to be interested in a company's product or service, considered prospects.

Order Placement

The act of formally requesting a product or service to be delivered or performed.