Suppose a Developing Country Receives More Machinery and Capital Equipment

question 209

Multiple Choice

Suppose a developing country receives more machinery and capital equipment as foreign entrepreneurs increase the amount of investment in the economy.As a result

• A)the long-run aggregate supply curve will shift to the right.
• B)the long-run aggregate supply curve will shift to the left.
• C)the economy will move up along the long-run aggregate supply curve.
• D)the economy will move down along the long-run aggregate supply curve.

---

Definitions:

Prefrontal Cortex

The anterior part of the frontal lobes of the brain, involved in complex cognitive behavior, decision making, and moderating social behavior.

Myelination

The process by which axons are coated with a fatty sheath called myelin, increasing the speed at which electrical impulses are conducted.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.

Agreeableness

A personality trait characterized by qualities such as being kind, sympathetic, cooperative, warm, and considerate towards others.