A Change That Shifted the Long-Run Aggregate Supply Curve to the Right

question 148

True/False

A change that shifted the long-run aggregate supply curve to the right would also shift the short-run aggregate supply curve to the right.

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Definitions:

Probability .60

This refers to a likelihood or chance of something happening, expressed as sixty percent.

Chicken

A type of domesticated bird commonly raised for meat and eggs, and also a term used in various cultural contexts.

Payoff

The return or reward received from an investment or decision, often analyzed in financial and game theory contexts.

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