Which of the Following Would Shift the Long-Run Aggregate Supply

question 1

Multiple Choice

Which of the following would shift the long-run aggregate supply curve right?

• A)both an increase in the capital stock and an increase in the price level
• B)an increase in the capital stock,but not an increase in the price level
• C)an increase in the money supply,but not an increase in the capital stock
• D)neither an increase in the money supply nor an increase in the capital stock

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Definitions:

Witchcraft Scare

Historical events marked by mass hysteria and persecution of individuals accused of practicing witchcraft, notably in Europe and the Massachusetts Bay Colony.

Charles I

King of England, Scotland, and Ireland from 1625 until his execution in 1649, whose reign was marked by religious and political strife leading to the English Civil War.

King Philip's War

A conflict between Native American inhabitants of New England and English colonists and their Native allies from 1675–1678, marked as one of the earliest and bloodiest conflicts in Colonial America.

Bacon's Rebellion

A 1676 armed rebellion led by Nathaniel Bacon against the colonial government of Virginia, sparked by grievances over governance and Native American policies.