Multiple Choice
If improvements in education and training programs increased the productivity of persons in the labor force,
A) aggregate demand would decrease.
B) short-run aggregate supply would increase,but long-run aggregate supply would not change.
C) long-run aggregate supply would increase,but short-run aggregate supply would not change.
D) both short-run and long-run aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
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