Which of the Following Would Shift the LRAS Curve to the Left

question 177

Multiple Choice

Which of the following would shift the LRAS curve to the left?

• A)an increase in the size of the labor force
• B)a reduction in the quality of the labor force
• C)a reduction in the cost of using computers
• D)a decrease in the price level
• E)an increase in the price level

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Definitions:

Loss of Interest

A reduction in enthusiasm or desire for previously enjoyed activities, often a symptom of depression.

Competition

A situation in which individuals or groups strive against one another to achieve a goal that cannot be shared.

Pleasure

A feeling of happiness, enjoyment, or satisfaction derived from an experience.

Self-determination Theory

A theory of motivation that posits people are most satisfied and perform best when they feel that their actions stem from their own desires rather than from external pressures.