Which of the Following Shifts Both the Short-Run and Long-Run

question 69

Multiple Choice

Which of the following shifts both the short-run and long-run aggregate supply right?

• A)an increase in the actual price level
• B)an increase in the expected price level
• C)an increase in the capital stock
• D)None of the above is correct.

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Definitions:

Sample

A representative subset of the larger population.

High School Seniors

Students in their final year of high school who are typically completing required coursework to graduate and may be preparing for college, vocational education, or the workforce.

Music CDs

Compact discs used to store and play back music audio, slowly becoming obsolete with the rise of digital music platforms.

Focus Group

A qualitative research method involving guided discussions with a selected group of individuals to gain insights into their perceptions, opinions, and attitudes.