Technological Advances

question 53

Multiple Choice

Technological advances:

• A)​Shift only the short run aggregate supply curve to the right.
• B)​Shift only the long run aggregate supply curve to the right.
• C)​Shift both short run and long run aggregate supply curves to the right.
• D)​Do none of the above

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Definitions:

Conservation

The principle in cognitive development where a child recognizes that quantity remains the same despite changes in its shape or form.

Short, Wide Glass

A container for liquids that is notably lower in height but broader in width, affecting the perception of content volume.

Soda

A sweet, carbonated beverage, often flavored and containing caffeine and other additives.

Curse Of Knowledge

A cognitive bias that occurs when an individual, knowing something, finds it hard to think about the subject from the perspective of someone less knowledgeable.