The Short-Run Aggregate Supply Curve Shifts When

question 50

Multiple Choice

The short-run aggregate supply curve shifts when
I. the full-employment quantity of capital changes.
II. technology advances.

• A) I is true and II is false
• B) I is false and II is true
• C) I and II are both false
• D) I and II are both true

---

Definitions:

Drilling Exploration

The process of examining the subsurface of the Earth by drilling boreholes to locate natural resources.

Computer Model

A simulation or representation of a complex real-world system using computer algorithms to predict its behavior under various scenarios.

Seismic-reflection Study

A method used in geophysics to explore subsurface structures by sending seismic waves into the earth and analyzing the reflected waves.

Geologic Cross Section

A diagram or representation showing the vertical profile of the Earth's crust to illustrate the positions of rock layers and structures.