Toyota and Honda Build Additional Plants in Canada

question 47

Multiple Choice

Toyota and Honda build additional plants in Canada. This event ________ short-run aggregate supply and ________ long-run aggregate supply.

• A)does not change; increases
• B)increases; increases
• C)increases; does not change
• D)does not change; does not change
• E)decreases; increases

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Definitions:

Four-Figure Accuracy

A level of precision in numerical computation where the result is rounded to four significant digits.

Five-Figure Accuracy

Describes precision to five significant digits in numerical representation, ensuring a high degree of accuracy in calculations or measurements.

Accurate

Precisely correct, exact, or without error.

Cent

A monetary unit that is equal to one hundredth of the basic unit of currency in many countries, including the United States.