If There Is a Shift in the Long-Run Aggregate Supply

question 19

Essay

If there is a shift in the long-run aggregate supply (LRAS)curve,does the short-run aggregate supply (SRAS)curve also shift? What if the SRAS curve shifts? Does this cause a shift in LRAS?

---

Definitions:

Cells

The basic structural, functional, and biological units of all living organisms, serving as the building blocks of life.

Excretion

The process by which living organisms remove waste products of metabolism and other non-useful materials from their bodies.

Metabolic Waste

Substances left over from metabolic processes (like cellular respiration) that cannot be used by the organism and must be excreted.

Body

The physical structure of an organism, including its organs and tissues.