E) long-run aggregate supply curve to shift right
An increase in capital stock will increase GDP, decrease price levels, and increase aggregate supply. When an economy gains more in capital, the aggregate supply curve shifts to the right.
Answer:
Correct Answer:
A. True
Explanation:
After the end of World War 2, the victors, US and the Soviet Union relationship started falling. This is due to some factors like communisim practiced in Soviet as well as the tyrannical nature of the Soviet Union. The Soviet on the otherhand, resented America for delaying in entering the war inorder not to join the losing group.
One way US workers are affected when jobs are outsourced to less-developed countries is that workers in foregin countries do US workers' job for less money
Technological innovations during this time in the United States primarily had negative impacts on factory workers since they introduced very dangerous working conditions, and positive impacts on middle-class urban residents since their income increased (in general).
