All Else Being Equal,an Increase in _________ Would Shift the Long-Run

question 84

Multiple Choice

All else being equal,an increase in _________ would shift the long-run aggregate supply curve to the left.

• A) the unemployment rate
• B) the inflation rate
• C) economic growth
• D) government spending
• E) the rate at which capital depreciates

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Definitions:

Aerobic Exercise

Physical activity that improves cardiovascular health by increasing the heart rate and maximizing the amount of oxygen in the blood.

Arthritis

A group of conditions characterized by inflammation of one or more joints, causing pain and stiffness that can worsen with age.

Supination

Turning the palm of the hand upward.

Pronation

Turning the palms of the hand downward.