In the New Keynesian Model,an Increase in Productivity Will Cause

question 37

Multiple Choice

In the new Keynesian model,an increase in productivity will cause ________.

• A)a leftward shift in short-run and long-run aggregate supply
• B)a rightward shift in short-run and long-run aggregate supply
• C)a leftward shift in short-run aggregate supply and rightward shift in long-run aggregate supply
• D)a rightward shift in short-run aggregate supply and a leftward shift in long-run aggregate supply

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Definitions:

Fluorescent Treponemal Antibody

A diagnostic test used to detect specific antibodies to the Treponema pallidum bacteria in serum, indicating the presence of syphilis.

Prostate-specific Antigen

A protein produced by the prostate gland, elevated levels of which can be an indicator of prostate cancer or other prostate disorders.

Semen

A fluid containing spermatozoa and secretions from the male reproductive organs, ejaculated during orgasm.

Prostate-specific Antigen

A protein produced by the prostate gland, elevated levels of which can indicate prostate cancer or other prostate conditions.