All Items Below Will Decrease Short-Run Aggregate Supply EXCEPT

question 221

Multiple Choice

All items below will decrease short-run aggregate supply EXCEPT

• A) a decrease in the marginal tax rates.
• B) an increase in the prices of inputs.
• C) a decrease in training and education.
• D) a decrease in labor supply.

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Definitions:

Incorporation

The process of legally declaring a corporate entity as separate from its owners, providing limited liability and other benefits.

Individual Farmers

Independent agricultural producers who manage and operate their own farming businesses.

Large Corporations

Businesses that operate on a vast scale, often with a global presence, having significant market influence and a complex organizational structure.