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Increases in the Quality of Inputs That Do Not Affect

question 286

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Increases in the quality of inputs that do not affect the quantity of those inputs increase both long-run and short-run aggregate supply.


Definitions:

Peritoneal

Relating to the peritoneum, the serous membrane lining the cavity of the abdomen and covering the abdominal organs.

Hemodialysis

A medical procedure where a machine filters wastes and water from the blood, mimicking the function of healthy kidneys.

Membrane

A thin, soft, pliable layer of tissue that lines a tube or cavity, or covers an organ or structure.

Calculi

Hardened deposits of minerals and salts that form in the kidneys or other parts of the urinary tract.

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