Suppose a Developing Country Receives More Machinery and Capital Equipment

question 58

Multiple Choice

Suppose a developing country receives more machinery and capital equipment as foreign entrepreneurs increase the amount of investment in the economy. As a result, the:

• A)long-run aggregate supply curve will shift to the right.
• B)long-run aggregate supply curve will shift to the left.
• C)economy will move up along the long-run aggregate supply curve.
• D)economy will move down along the long-run aggregate supply curve.

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Definitions:

Underestimates

Occurs when the value, amount, importance, or size of something is judged to be lower than it actually is.

Sexually Abused

Refers to being subjected to unwanted or forced sexual activity by another individual.

Child Sexual Abuse

Any sexual act or conduct forced upon a child by an adult or significantly older individual, including molestation, exploitation, and other forms of sexual violation.

Perpetrated

Committed or carried out; used primarily in context of crimes or harmful actions.