Suppose a Developing Country Experiences a Reduction in Machinery and Capital

question 46

Multiple Choice

Suppose a developing country experiences a reduction in machinery and capital equipment as foreign entrepreneurs decrease the amount of investment in the economy.As a result

• A)the long-run aggregate supply curve will shift to the right.
• B)the long-run aggregate supply curve will shift to the left.
• C)the economy will move up along the long-run aggregate supply curve.
• D)the economy will move down along the long-run aggregate supply curve.

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Definitions:

Anxious

Experiencing worry, unease, or nervousness, typically about an imminent event or something with an uncertain outcome.

Heart Rates

Heart rates refer to the number of heartbeats per unit of time, typically expressed as beats per minute (BPM), indicating the heart's activity and overall cardiovascular health.

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, a central concept of Charles Darwin's theory of evolution.

Traits

Enduring characteristics or qualities that define an individual’s behavior across various situations.