An Increase in ________ Increases Potential GDP and ________ Aggregate

question 12

Multiple Choice

An increase in ________ increases potential GDP and ________ aggregate supply.

• A)technology;increases
• B)technology;decreases
• C)the money wage rate;increases
• D)the money price of oil;decreases
• E)the money wage rate;decreases

---

Definitions:

Prefrontal Cortex

A part of the brain located at the front of the frontal lobe, critical for decision making, social behavior, and personality.

Cerebellum

A part of the brain located at the back of the skull, primarily responsible for coordinating movement and balance.

Corpus Callosum

A band of nerve fibers in the brain that connects the left and right hemispheres, facilitating communication between them.

Autonomous Morality

The stage in moral development when individuals recognize that moral rules are created by people and judge actions based on intentions rather than just consequences.