Refer to the Diagram Below

question 193

Multiple Choice

Refer to the diagram below. Other things equal, a shift of the aggregate supply curve from AS₀ to AS₁ might be caused by a(n) :

• A) increase in government regulation.
• B) increase in aggregate demand.
• C) increase in productivity.
• D) decline in nominal wages.

---

Definitions:

Associative Learning

The process by which an individual learns the connection between two stimuli or events, often leading to the formation of habits or preferences.

Observational Learning

The process of acquiring knowledge and skills by observing and imitating the actions of others, without direct instruction.

Cognitive Transfer

The process where learning in one context enhances or influences learning and performance in another context.

Visual Learning

A learning style where information is best understood and retained through visual means like diagrams, charts, and videos.