Exhibit 10A-5 Macro AD-AS Model

question 152

Multiple Choice

Exhibit 10A-5 Macro AD-AS Model

 
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Economic growth is represented in Exhibit 10A-5 by:

• A) ​leftward shift in the long-run aggregate supply curve (LRA
• S).
• B) ​ inward shift of the production possibilities curve.
• C) ​rightward shift in the long-run aggregate supply curve (LRA
• S).
• D) ​movement along the long-run aggregate supply curve (LRA