Which of the Following Would Shift the Long-Run Aggregate Supply

question 134

Multiple Choice

Which of the following would shift the long-run aggregate supply curve right?

• A)Both an increase in the capital stock and an increase in the price level
• B)An increase in the capital stock, but not an increase in the price level
• C)An increase in the money supply, but not an increase in the capital stock
• D)Neither an increase in the money supply nor an increase in the capital stock

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Definitions:

Perceived Value

The evaluation by individuals of the worth or desirability of a product, service, or experience based on their personal beliefs and experiences.

Demonstrating Real Value

The act of showing the tangible benefits and effectiveness of something, often in a business or service context.

Human Capital

Represents the collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.

Aggregate

Aggregate refers to a total or combined amount or sum, often used in the context of data analysis to describe comprehensive totals across different categories.