Is the larger a parallax shift the closer an object is?

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Yes, that's the way it works. A parallax angle of 1" (arc-second) means that the object is at a distance of 1 parsec (that's how the parsec is defined); at a parallax angle of 1/10 of an arc-second, the object would be at a distance of 10 parsec, etc. A parsec is approximately 3.26 light-years.
It doesn't just happen in space. Stick out your thumb and look at the background; as you move your hand toward you, the greater the parallax shift.
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What is a parallax shift?

A parallax shift is when near stars appear to shift their positionfrom the farthest stars as the Earth revolves around the sun. Whenthe star is really far away, the parallax s

At what distance is an object if its parallax is 1 degree?

1 "parsec" = distance for which parallax = 1 degree = 3.26 light years 1 degree = 3,600 seconds of arc distance for parallax of 1 degree = 3,600 seconds = (1 / 3,600) pa

What is higher for closer stars A absolute magnitude B red shift C parallax D blue shift?

The answer would be C) Parallax. The Absolute Magnitude of a star is the star's actual brightness, and is therefore not dependent upon the position of the observer. Red