Suppose the Long-Run Aggregate Supply Curve Shifts to the Right

question 5

True/False

Suppose the long-run aggregate supply curve shifts to the right as a consequence of the discovery of more efficient production technologies.Given unchanged aggregate expenditure, this implies a rise in long-run equilibrium output and a decline in the equilibrium price level.

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Definitions:

Long-Term Trading Investments

Investments in stocks, bonds, or other securities that a company intends to hold for a period longer than a year to achieve long-term financial goals.

Strategic Investments

Investments made to gain a competitive advantage or achieve long-term goals rather than for short-term profit.

Trading Investments

Trading investments are financial assets acquired with the intention of selling them for a short-term gain, often held by companies in financial sectors.

Statement Of Financial Position

A financial report that displays a company's assets, liabilities, and equity at a specific point in time.