Which Media Headline Describes a Rightward Shift of the LAS

question 81

Multiple Choice

Which media headline describes a rightward shift of the LAS curve?

• A) "Decreased consumer spending may lead to recession."
• B) "Increased consumer spending is expected to lead to inflation, with no change in real GDP."
• C) "Higher wage settlements may lead to inflation."
• D) "Faster growth may be due to more women entering the labour force."
• E) "Recent tornadoes destroyed factories in Edmonton and Calgary."

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Definitions:

Puritanism

A religious reform movement originating in the late 16th century within the Church of England, emphasizing a strict and literal interpretation of the Bible and a pious, disciplined lifestyle.

Trinity

In Christian doctrine, the unity of Father, Son, and Holy Spirit as three persons in one Godhead.

Jesuits

A Catholic religious order founded in 1540 by Ignatius of Loyola, known for its emphasis on education, missionary work, and cultural influence.

Puritan Authorities

The leaders and officials within Puritan communities, especially in the 17th century, who enforced strict religious and social codes of conduct.