Examlex
Give two reasons why the long-run market supply curve may slope upward.
Investment
The act of allocating resources, usually financial, with the expectation of generating an income or profit, such as purchasing stocks, bonds, or real estate.
Inflationary GDP Gap
A situation where actual gross domestic product exceeds the potential GDP, leading to upward pressure on prices and inflation.
Government Spending
The total expenditure by the government on goods and services, including salaries of public servants, public investments, and social services.
Tax Increases
A rise in the rate of taxes imposed by governments on individuals or businesses.
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