Explain how each of the following events would affect the long-run aggregate supply curve.
a.a lower price level
b.a decrease in the labour force
c.a decrease in the quantity of capital goods
d.technological change

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The Answer of Explain how each of the following events would affect the long-run aggregate supply curve.
a.a lower price level
b.a decrease in the labour force
c.a decrease in the quantity of capital goods
d.technological change

Explain How Each of the Following Events Would Affect the Long-Run