Suppose There Is an Increase in the Quantity of Capital

question 122

Multiple Choice

Suppose there is an increase in the quantity of capital.As a result,the SAS

• A)and the LAS curves both shift leftward.
• B)and the LAS curves both shift rightward.
• C)curve does not shift but the LAS curve shifts rightward.
• D)curve does not shift but the LAS curve shifts leftward.
• E)shifts rightward, but the LAS curve does not shift.

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Definitions:

Sample Proportions

The fraction or percentage of sample units that exhibit a particular trait or characteristic.

Population Proportions

A measure of the fraction of the total population that falls into a specific category.

Unbiased Consistent Estimator

A statistical estimator that accurately targets the parameter of interest in the population and whose accuracy increases as the sample size increases.

Population Proportions

The fraction or percentage of the total number of individuals in a population that share a particular characteristic.