An increase in the quantity of capital shifts both the long-run and short-run aggregate supply curves.
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Q400: Q401: The short-run aggregate supply curve shows a Q402: Wealth and substitution effects explain why the Q403: The level of output when there is Q404: In the short run, a supply shock Q406: A change in the price level does Q407: Long-run macroeconomic equilibrium is achieved when the Q408: During an above-full-employment equilibrium, actual GDP is Q409: If there is an increase in technology, Q410: In the short-run, real GDP can be![]()
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