Both the Long-Run and Short-Run Aggregate Supply Curves Will Shift

question 283

Multiple Choice

Both the long-run and short-run aggregate supply curves will shift when

• A) the government increases defense spending.
• B) an event occurs which is expected to last only a short period of time.
• C) they are both upward sloping.
• D) the endowments of the factors of production change.

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Socioeconomic

Relating to or concerned with the interaction of social and economic factors.

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A parenting style characterized by high expectations accompanied by strong support and emotional warmth.

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