A Positive Supply Shock from Improving Technology Shifts

question 114

Multiple Choice

A positive supply shock from improving technology shifts

• A) both the SAS and AD curves rightward.
• B) both the SAS and LAS curves leftward.
• C) the SAS curve rightward but leaves the LAS curve unchanged.
• D) the LAS curve rightward but leaves the SAS curve unchanged.
• E) both the SAS and LAS curves rightward.

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Definitions:

Routine Inquiry

Routine inquiry refers to standard requests for information or clarification that are common in business and professional contexts.

Bullets

Short, concise points used to list items or highlight key aspects in a document.

Yes or No Questions

Simple questions that can be answered with either a "yes" or "no," used to gather specific information.

Claim Messages

Communications used to assert a belief or demand the recognition of a right, often in the context of business or consumer affairs.