An Increase in Input Productivity Will

question 307

Multiple Choice

An increase in input productivity will

• A) shift the aggregate supply curve leftward.
• B) reduce the equilibrium price level, assuming downward flexible prices.
• C) reduce the equilibrium real output.
• D) reduce aggregate demand.

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Definitions:

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating its actions and sensory information.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

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A noninvasive procedure that uses magnetic fields to stimulate nerve cells in the brain to improve symptoms of depression.

Neural Circuits

Networks of neurons interconnected by synapses, responsible for processing and transmitting information through electrical and chemical signals in the nervous system.