In the Long Run, an Increase in Investment Shifts ________Because

question 62

Multiple Choice

In the long run, an increase in investment shifts ________because of an increased capacity to produce.

• A) The long-run aggregate supply curve
• B) The long run aggregate demand curve
• C) The investment demand curve
• D) The short-run aggregate supply curve but not the long-run aggregate supply curve

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Definitions:

Prepaid Expense Account

An asset account that represents payments made in advance for goods or services to be received in the future.

Expenses

Outflows of resources or incurring of liabilities (or a combination of both) resulting from a company's activities intended to generate income.

Assets

Economic resources owned or controlled by a business or an individual that are expected to produce value.

Accounting Information System

A system designed to collect, store, manage, process, retrieve, and report financial data for its users.