The Long-Run Aggregate Supply Curve Is Determined by All of the Following

question 292

Multiple Choice

The long-run aggregate supply curve is determined by all of the following EXCEPT

• A) aggregate demand.
• B) human capital.
• C) technology.
• D) the amount of resources that exist in the economy.

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Definitions:

Voluntary Behavior

Actions undertaken by an individual out of free will, without external compulsion or coercion.

Stressors

Elements or conditions in one's environment that cause stress, affecting an individual's physical and psychological well-being.

Demands

The needs or desires that individuals or groups expect to be met by others or organizations.

Environmental Stimuli

Any external factor or change in the environment that can provoke a sensory, physiological, or psychological response in an individual.