(Figure: LRAS0) in the Figure, What Would NOT Be a Cause

question 78

Multiple Choice

(Figure: LRAS0) In the figure, what would NOT be a cause of the LRAS curve shifting rightward?

• A) innovations and new technology
• B) investments in physical capital
• C) improvements in human capital
• D) higher tax rates

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Definitions:

Restrictive Covenant

A clause in a deed or lease that limits what the owner of the property can do with it, often to ensure the property's value or character is maintained.

Clause

A specific provision or section within a contract or legal document that stipulates specific terms, conditions, or obligations.

Public Policy

Principles and standards considered by governments in managing their affairs, aiming to ensure the community's welfare and interests.

Necessary

Something that is essential or required to achieve a certain outcome or fulfill a function.