Which of the following will NOT cause a leftward shift in the Long-Run Aggregate Supply curve?
A) a net outflow of human capital
B) a reduction in the amount of oil
C) a reduction in the amount of capital
D) a reduction in government spending
Correct Answer:
Verified
Q1: The total of all planned production for
Q3: The long-run aggregate supply curve is
A) upward
Q5: The aggregate supply curve
A)shows what each producer
Q5: If a nation's production possibilities curve shifts
Q8: As the capital stock grows and technology
Q9: The long run aggregate supply curve (LRAS)
Q12: Which of the following statements is TRUE?
A)
Q14: The full-employment and full-adjustment level of real
Q15: The long-run aggregate supply curve
A) shows that
Q16: The long-run aggregate supply curve of an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents