The Level of Long-Run Aggregate Supply Is Affected by All

question 95

Multiple Choice

The level of long-run aggregate supply is affected by all of the following except

• A)changes in the price level.
• B)changes in the technology.
• C)changes in the capital stock.
• D)changes in the number of workers.

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Definitions:

Copper, Aluminum

Copper is a reddish metal with high electrical and thermal conductivity, while aluminum is a silvery-white, soft, non-magnetic metal, both widely used in various applications.

Concrete

A building material made from a mixture of cement, aggregate (such as sand or gravel), and water, which hardens over time.

Specific Heat

Specific heat is the amount of heat per unit mass required to raise the temperature of a substance by one degree Celsius, reflecting the substance's ability to absorb heat.

Building Fire

A destructive conflagration occurring in structures such as homes, offices, and public buildings, often leading to damage or destruction of property and potential loss of life.