Economic Growth Can Be Shown by

question 54

Multiple Choice

Economic growth can be shown by

• A) a leftward shift in the aggregate supply curve.
• B) no change in the aggregate supply curve.
• C) a rightward shift in the aggregate supply curve.
• D) a leftward shift in the production possibilities curve.

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Definitions:

Organized Labor

Refers to unions or groups of workers who band together to negotiate for better working conditions, wages, and benefits.

McCarthyism

Post–World War Ⅱ Red Scare focused on the fear of communists in U.S. government positions; peaked during the Korean War; most closely associated with Joseph McCarthy, a major instigator of the hysteria.

Foreign Policy

A country's strategies and decisions in relation to its interactions with other nations, concerning diplomacy, military actions, trade, and treaties.

Civil Rights Initiatives

Programs, policies, or legislative actions aimed at ensuring and improving legal rights and social quality for all, particularly for marginalized groups.