All of the following, except one, will cause an increase in both aggregate supply and long-run aggregate supply. Which is the exception? Oa. An increase in the capital stock Ob Technological improvement. Oc. An increase in human capital. Od. A decrease in factor prices G
All of the following, except one, will cause an increase in both aggregate supply and long-run aggregate supply. Which is the exception? Oa. An increase in the capital stock Ob Technological improvement. Oc. An increase in human capital. Od. A decrease in factor prices G
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 3CQQ
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![All of the following, except one, will cause an increase in both aggregate supply and long-run aggregate
supply. Which is the exception?
O a. An increase in the capital stock.
Ob. Technological improvement
Oc. An increase in human capital.
Od. A decrease in factor prices.
G](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5cb97a99-9c32-49ed-b213-aa81a180164a%2F7466f743-fdf8-40f5-84dd-387906b1abfe%2Ffn7cz5i_processed.jpeg&w=3840&q=75)
Transcribed Image Text:All of the following, except one, will cause an increase in both aggregate supply and long-run aggregate
supply. Which is the exception?
O a. An increase in the capital stock.
Ob. Technological improvement
Oc. An increase in human capital.
Od. A decrease in factor prices.
G
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