An Increase in Technology Will Shift the Long-Run Aggregate Supply

question 21

True/False

An increase in technology will shift the long-run aggregate supply curve to the left.

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Definitions:

Relief

A feeling of reassurance and relaxation following release from anxiety or distress.

Antidepressant Drug

Medications prescribed to alleviate the symptoms of depression by adjusting brain chemistry.

Norepinephrine

A neurotransmitter and hormone involved in the body’s fight or flight response, influencing attention, arousal, and mood.

Serotonin

A neurotransmitter that contributes to feelings of well-being and happiness, also playing a role in regulating mood, appetite, and sleep.