Something That Would Cause the Long-Run Aggregate Supply Curve to Shift

question 24

Multiple Choice

Something that would cause the long-run aggregate supply curve to shift to the right would be:

• A) technological advance.
• B) discovery of a new oil reserve.
• C) increase in the growth rate of the labor force.
• D) All of these would shift the long-run aggregate supply curve to the right.

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Definitions:

Politically Correct

Using language or behavior that seeks to minimize offense to gender, race, cultural, or other identity groups.

Experienced Worker

An individual who has gained significant skills and knowledge through prolonged involvement in a particular job or industry.

Oldest Worker

The most senior member of the workforce in terms of age, often with extensive experience and knowledge in their field.

Being Tactless

The absence or disregard for the sensitivity needed in communication, often resulting in blunt or inappropriate remarks that can offend or upset others.