Exhibit 14A-5 Macro AD-AS Model

question 40

Multiple Choice

Exhibit 14A-5 Macro AD-AS Model
 
Economic growth is represented in Exhibit 14A-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

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