Both Short and Long-Run Aggregate Supply Curves Can Shift to the Right

question 168

True/False

Both short and long-run aggregate supply curves can shift to the right if entrepreneurial activities lower costs of production and expand what can be produced.

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Definitions:

Epinephrine

Epinephrine, also known as adrenaline, is a hormone and neurotransmitter that increases heart rate, contracts blood vessels, and opens airways in response to stress or excitement.

Acetylcholine

A neurotransmitter involved in many functions including muscle contraction, arousal, and memory formation.

Norepinephrine

A neurotransmitter and hormone, involved in the body's response to stress, increasing heart rate, blood pressure, and blood sugar levels.

Dopamine

A neurotransmitter involved in many functions, including motivation, reward, attention, and the regulation of movement and emotional responses.