Technological Progress Shifts the Long-Run Aggregate Supply Curve to the Right

question 53

True/False

Technological progress shifts the long-run aggregate supply curve to the right.

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Definitions:

Aerobic

Relating to, involving, or requiring free oxygen, often referred to activities or exercises that improve the efficiency of the body's cardiovascular system in absorbing and transporting oxygen.

Spinal Cord Injury

An injury to the spinal cord that results in a loss of function, such as mobility or feeling, below the site of the injury.

Antibiotic Therapy

The use of drugs that kill or inhibit the growth of bacteria to treat bacterial infections.

Transfer Board

A flat device made of wood or plastic used to help individuals move from one position or place to another, especially useful for those with limited mobility.