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-Refer to the Above Figure

question 127

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  -Refer to the above figure. Assume that B is the current long-run aggregate supply (LRAS)  curve and that E is the current short-run aggregate supply (SRAS)  curve. If a new discovery of large oil fields in Florida led to an increase in the nation's productive capacities, then we could expect the LRAS curve and the SRAS curve to A)  remain B and E. B)  move to A and D. C)  move to C and F. D)  move to A and F.
-Refer to the above figure. Assume that B is the current long-run aggregate supply (LRAS) curve and that E is the current short-run aggregate supply (SRAS) curve. If a new discovery of large oil fields in Florida led to an increase in the nation's productive capacities, then we could expect the LRAS curve and the SRAS curve to


Definitions:

Sporophyte

Spore-forming diploid body that forms in the life cycle of land plants and some multicelled algae.

Xylem

A type of vascular tissue in plants responsible for the transportation of water and nutrients from the roots to various parts of the plant.

Conduct Water

The process by which water is transported throughout plants, particularly from roots to leaves, through structures like xylem vessels.

Minerals

Naturally occurring, inorganic substances with a definite chemical composition and crystalline structure.

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