An Increase in the Quantity of Capital Shifts Both the Long-Run

question 255

True/False

An increase in the quantity of capital shifts both the long-run and short-run aggregate supply curves.

---

Definitions:

Fast Mapping

The process by which children learn a new word or concept after a brief encounter, demonstrating the rapid acquisition of language.

Grammar Principles

Fundamental rules and concepts that govern the structure and composition of sentences, phrases, and words in any language.

Child Development

The study of the psychological, physical, and emotional changes that occur in children from birth through late adolescence.

Phonemes

The basic and distinct units of sound in a specified language that distinguish one word from another, for example, the difference in sound between the p in "pat" and the b in "bat".