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A Technological Advance ________ the Long-Run Aggregate Supply Curve and ________

question 316

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A technological advance ________ the long-run aggregate supply curve and ________ the short-run aggregate supply curve.


Definitions:

Accountable

Being responsible or answerable for one's actions or decisions, often within a professional or organizational context.

Transitional Matrix

A chart that lists job categories held in one period and shows the proportion of employees in each of those job categories in a future period.

Job Categories

Classifications of employment based on similar duties, responsibilities, and the level of skill or education required.

Outsourcing

Contracting with another organization (vendor, third-party provider, or consultant) to provide services.

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