aggregate supply parameters of human capital

Chapter 10 Questions Flashcards | Quizlet

Chapter 10 Questions Flashcards | Quizlet

a net inflow of human capital B an improvement in technology C an increase in the size of the labor force D an increase in the overall price level D

Macroeconomics- Ch12 Flashcards | Quizlet

Macroeconomics- Ch12 Flashcards | Quizlet

In the long run, all prices are flexible, and changes in the aggregate price level have no effect on aggregate output The long-run aggregate supply curve is vertical at potential output Changes in the stock of physical capital, the stock of human capital, the size of the labour force, and productivity shift the long-run aggregate supply curve