Which of the Following Shifts Aggregate Supply to the Right

question 48

Multiple Choice

Which of the following shifts aggregate supply to the right?

• A)a decline in the price of imported natural resources
• B)a technological advance
• C)an older labor force that leaves jobs less frequently
• D)All of the above are correct.

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Definitions:

Reward For Application

A principle in psychology and behavioral science that suggests positive outcomes or rewards following the application of a specific behavior or skill encourage repeat behavior.

Belief

A state of mind in which trust or confidence is placed in some proposition or entity without absolute empirical evidence.

Positive Results

Outcomes of an experiment or study that confirm the hypothesis or expectations set forth by the researchers, often indicating a successful intervention or finding.

Social Axioms

Generalized beliefs or propositions that are held to be true within a social context, guiding behaviors and interpretations of social phenomena.