Which of the Following Shifts Long-Run Aggregate Supply Right

question 28

Multiple Choice

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

• A)an increase in either technology or the human capital stock.
• B)an increase in human capital but not technology.
• C)an increase in technology,but not the human capital stock.
• D)neither an increase in technology nor the human capital stock.

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Definitions:

Traditional Rights

Refers to the established customs, practices, and rights that have been recognized and protected over time in a society or community.

Ottoman Expansion

The period during which the Ottoman Empire grew significantly in size and power, spreading across Southeast Europe, Western Asia, and North Africa from the late 13th to the early 20th century.

Constantinople

The capital city of the Byzantine, Roman, Latin, and Ottoman empires, nowadays known as Istanbul, Turkey, historically significant for its strategic location and cultural heritage.

Religious Wars

Conflicts primarily caused or justified by differences in religion, often involving the followers of different faiths or sects.