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In Recent Years, Japanʹs Capital Stock Has Increased by About

Question 86

Multiple Choice

In recent years, Japanʹs capital stock has increased by about 6 percent from one year to the next. As a result, we would expect


A) rightward shifts in both Japanʹs short-run aggregate supply and long-run aggregate supply curves.
B) only Japanʹs long-run aggregate supply curve to shift rightward.
C) a leftward shift in Japanʹs aggregate demand curve.
D) a movement up along Japanʹs short-run aggregate supply curve.

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