A Technological Advance Leads to a Shift in

question 81

Multiple Choice

A technological advance leads to a shift in

• A) only short-run aggregate supply.
• B) only long-run aggregate supply.
• C) neither short-run nor long-run aggregate supply.
• D) both short-run and long-run aggregate supply.
• E) only aggregate demand.

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Definitions:

Social Readjustment

The process of adjusting to new social roles or norms, often resulting from significant life changes or stressors.

Rating Scale

A rating scale is a tool used to evaluate or assess various attributes, behaviors, or characteristics, providing a continuum along which measured entities can be placed according to quantitative or qualitative criteria.

Stressful Event

Any event or situation that causes significant anxiety, pressure, or strain to an individual.

Final Play

The last action or series of actions in a game that determine the outcome, especially in sports.