Better Short-Run Use of Current Capacity

question 15

Multiple Choice

Better short-run use of current capacity

• A)Moves the economy closer to the production possibilities curve,while long-run growth shifts that curve outward.
• B)Increases capacity,while long-run economic growth increases capacity utilization.
• C)Shifts the aggregate supply curve outward,while long-run economic growth moves the economy up the aggregate supply curve.

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Definitions:

More Education

Refers to the pursuit or attainment of additional formal learning and training beyond the initial stages, often for advancement in knowledge, skills, and qualifications.

Maternal Mortality

The death of a woman during pregnancy, childbirth, or within a specified period of postpartum, often used as a critical indicator of healthcare quality.

Unsterile Abortion

An abortion procedure carried out in conditions that lack the necessary sanitary standards, potentially leading to infection and other health risks.

Illegal Drug Use

The consumption of substances that are prohibited by law, which can lead to legal penalties, health risks, and addiction.