Which of the following would cause an increase in long-run aggregate supply?
A) An inflow of migrant workers in the economy.
B) A fall in the capital stock of an economy.
C) A decline in labour productivity in the economy.
D) A falling birth rate.
Correct Answer:
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Q21: With the discovery of oil or gas
Q22: Which of the following is true of
Q23: Which of the following illustrates an increase
Q24: Consider an economy which is in both
Q25: With a constant nominal wage, a higher-than-expected
Q27: Which of the following explains why an
Q28: A short-run supply shock, like an increase
Q29: Which of the following is likely to
Q30: The long-run aggregate supply curve is _.
A)
Q31: What is the short-run effect of a
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