All of the Following Would Shift the LRAS Curve to the Right

question 5

Multiple Choice

All of the following would shift the LRAS curve to the right EXCEPT

• A) an increase in the size of the labor force.
• B) a net inflow of human capital.
• C) an increase in the overall price level.
• D) an improvement in technology.

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Definitions:

Wavelength

The distance between successive peaks or troughs in a wave, often used in the context of electromagnetic waves like light, sound, and radio.

Amplitude

The maximum extent of a vibration or oscillation, measured from the position of equilibrium.

Spectrum of Electromagnetic Energy

The spectrum of electromagnetic energy encompasses all possible frequencies of electromagnetic radiation, ranging from radio waves to gamma rays.

Ultraviolet Light

A type of electromagnetic radiation with a wavelength shorter than that of visible light, but longer than X-rays.