The accurate statement about the Securities and Exchange Commission is:
- <u>C. It is an independent agency that regulates finance</u>
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The Securities and Exchange Commission is a government agency that is in charge with protecting the financial interests of the country and making sure that the economy is stable.
Some of the common misconceptions about the SEC are that:
- They can convict people of crimes without a trial
- They are a part of the government’s cabinet department.
- It is associated with the legislative branch.
However, these are all wrong because their activities are totally independent and they regulate finance.
Therefore, the correct answer is option C
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Answer:
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The long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
<h3>What is the aggregate supply curve?</h3>
The aggregate supply curve is a graphical representation that makes reference to all processes that add value to the productive chain.
The aggregate supply curve is mainly influenced by technological inputs that increase productivity.
In conclusion, the long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
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