Technological Progress Shifts the Long-Run Aggregate Supply Curve to the Right

question 53

True/False

Technological progress shifts the long-run aggregate supply curve to the right.

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Definitions:

COC

Combined Oral Contraceptives, a form of birth control pill that contains both estrogen and progestin hormones.

Sarc

A root word used in medical terms to indicate flesh or connective tissue.

Flesh

The soft substance consisting of muscle and fat between the skin and bones of an animal or a human.

Tumor

A growth of cells that occurs abnormally when cell division exceeds normal limits or when cells fail to die at the appropriate time.