An Improvement in the Infrastructure of a Country,ceteris Paribus,should Result

question 35

True/False

An improvement in the infrastructure of a country,ceteris paribus,should result in a lower price level and increased employment.
An increase in the level of infrastructure will shift the AS to the right,lowering the price level and increasing output.

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Definitions:

Headquarters

The central office or main location where an organization's management and key administrative activities are coordinated.

Physical Gestures

Non-verbal communication involving bodily movements or signals that convey messages or express emotions without using words.

Facial Expressions

Are a form of non-verbal communication that convey emotions, reactions, and attitudes through movements of the face.

Social Conventions

Social Conventions are shared, established, and expected norms and behaviors within a society or group.