Any Permanent Change in the Quantity of Any Factor of Production

question 28

True/False

Any permanent change in the quantity of any factor of production available - capital,technology,land,or labor - can cause a shift in both the long-run and short-run aggregate supply curves.

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Definitions:

People Analytics

The practice of using data about human behavior, relationships, and traits to make business decisions.

Systemic Discrimination

Any company policy, practice, or action that is not openly or intentionally discriminatory but has an indirect discriminatory impact or effect.

Employment Practices

Encompasses the policies and actions related to hiring, firing, working conditions, and employee management within an organization.

Awareness Training

Programs designed to educate employees about various topics, including workplace diversity, safety protocols, and legal compliance, to foster a more informed workforce.