Which of the Following Shifts Both the Short-Run and Long-Run

question 69

Multiple Choice

Which of the following shifts both the short-run and long-run aggregate supply right?

• A)an increase in the actual price level
• B)an increase in the expected price level
• C)an increase in the capital stock
• D)None of the above is correct.

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Definitions:

Arbitrarily Formed Groups

Groups formed without any specific rationale or logical reasoning, often for experimental purposes.

Presumed Membership

The assumption or belief that an individual belongs to a certain group or category based on perceived characteristics or stereotypes.

Asian

Pertaining to or originating from Asia, including its peoples, cultures, languages, and societies.

Scapegoating

A psychological or social process where individuals or groups assign blame to others for problems or negative outcomes.