Which of the Following Could Lead to a Decline in Aggregate

question 96

Multiple Choice

Which of the following could lead to a decline in aggregate supply?

• A)The discovery of new mineral deposits in Arizona
• B)Higher real wage rates in the U.S.
• C)Lower personal income in France
• D)Cutbacks in government borrowing
• E)Rapid depreciation of the Swiss franc

---

Definitions:

Dissonance

A state of mental conflict or unease resulting from holding contradictory beliefs or attitudes.

Realistic Claims

Assertions about a product or service that are truthful, verifiable, and grounded in factual evidence, avoiding exaggeration.

Routine Decision Making

The process of making habitual or automatic choices with minimal effort or thought, typically for low-cost and frequently purchased items.

Selective Retention

A psychological process wherein individuals remember information that is most relevant or meaningful to them while ignoring or forgetting less significant details.