Which of the Following Shifts the Aggregate Supply Curve

question 16

Multiple Choice

Which of the following shifts the aggregate supply curve?

• A) an increase in the price of oil
• B) a change in the previous period's inflation rate
• C) higher taxes on firms
• D) All of these answers are correct.
• E) None of these answers are correct.

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Definitions:

Consolidated Total

Combined total figures that merge the financial statements of a parent company and its subsidiaries into one comprehensive financial statement.

Equity Methods

An accounting technique used to record investments in associate companies, where the investment is initially recorded at cost and adjusted according to the investor's share of the investee's profits or losses.

Cost

The amount of money or resources expended to gain an object or service.

Ethical

Pertaining to morals, principles of right and wrong, and the conduct that is considered correct.