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During the Great Recession,the U.S.long-run aggregate supply curve shifted to the left,in part,because
Costs of Production
The total expenses incurred in manufacturing a product or providing a service, including raw materials, labor, and overhead.
Resource-Owners' Money Income
The income generated by individuals or entities from renting or providing their owned resources, such as land, labor, or capital, to others for use.
Costs to Business
All expenses incurred by a business in the process of producing goods or services, including both fixed and variable costs.
Distribution of Output
The way in which the total goods and services produced by an economy are allocated or distributed among its population.
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