The Long-Run Aggregate Supply Curve Shifts Right If

question 41

Multiple Choice

The long-run aggregate supply curve shifts right if

• A)either immigration from abroad increases or technology improves.
• B)immigration from abroad increases,but not if technology improves.
• C)technology improves,but not if immigration from abroad increases.
• D)None of the above are correct.

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Definitions:

Tight Culture

Cultures or organizations characterized by rigorous rules, regulations, and expectations that govern member behavior, ensuring uniformity and conformity.

Cultural Distance

The degree to which cultural norms, values, and practices differ between two groups, societies, or countries.

Impedes Communication

refers to any barriers or obstacles that interfere with the effective exchange of ideas, messages, or information among individuals or groups.

Cultural Distance

The extent to which different cultures diverge from one another, affecting communication, management practices, and business strategies when engaging across borders.