All of the Following Shift the LAS Curve EXCEPT

question 348

Multiple Choice

All of the following shift the LAS curve EXCEPT

• A) technological progress.
• B) a change in the capital stock.
• C) an increase in the money wage rate.
• D) an increase in the stock of human capital.

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Definitions:

Logarithm

The power to which a base, often 10 or e, needs to be elevated in order to generate a specific number.

Properties of Logarithms

Rules that simplify the manipulation and solving of logarithmic equations, such as product, quotient, and power rules.

Vertical Asymptote

A line that a graph approaches but never touches or crosses, representing where the function moves towards infinity or negative infinity.

Logarithm

The power to which a base, such as 10 or e, must be raised to produce a given number; it's the inverse operation to exponentiation.