Which of the Following Shifts the Long-Run Aggregate Supply Curve

question 6

Multiple Choice

Which of the following shifts the long-run aggregate supply curve to the right?

• A)both an increase in the capital stock and technological improvements
• B)an increase in the capital stock but not technological improvements.
• C)an increase in the capital stock but not technological improvements
• D)neither an increase in the capital stock nor an technological improvements

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Definitions:

Secondary Circular Reactions

The repetition of actions that produce an interesting effect, part of Piaget's theory of cognitive development in infants, occurring roughly between 4 to 8 months of age.

Simple Reflexes

Inborn automatic responses to certain stimuli that are present from birth, such as the sucking reflex in infants.

Mental Representations

Internal cognitive symbols that represent external reality, allowing individuals to process information and make sense of the world.

Primary Circular Reactions

Repetitive actions focused on the body that infants engage in by chance and then continue because they find them pleasurable, marking a stage in sensorimotor development.