Which of the Following Shifts Long-Run Aggregate Supply Right

question 28

Multiple Choice

Which of the following shifts long-run aggregate supply right?

• A)an increase in either technology or the human capital stock.
• B)an increase in human capital but not technology.
• C)an increase in technology,but not the human capital stock.
• D)neither an increase in technology nor the human capital stock.

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Definitions:

Prenatal Development

The process of growth and development within the womb from conception to birth.

Conception

The moment when a sperm fertilizes an egg, marking the beginning of pregnancy.

Acquisition

The process of learning or developing a skill, habit, or quality.

Norms

Shared expectations or rules within a social group that guide behavior and indicate what is considered appropriate or acceptable.