5. The slope and position of the long-run aggregate-supply curve Suppose the Bank of Canada doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply. The quantity of physical capital O The price level The size of the The level of technological knowledge Suppose the economy produces real GDP of $60 billion when unemployment is at its natural rate. Use the purple points (diamond symbol) to plot the economy's long-run aggregate-supply (LRAS) curve on the graph. ? 132 128 LRAS 124 120 PRICE LEVEL 116 112 108 104 100 0 10 20 30 40 50 60 70 80 OUTPUT (Billions of dollars) Suppose the government passes a law that significantly increases the minimum wage. The policy will cause the natural rate of unemployment to , which will: O Not affect the long-run aggregate-supply curve O Shift the long-run aggregate-supply curve to the left O Shift the long-run aggregate-supply curve to the right In the following table, determine how each event affects the position of the long-run aggregate-supply (LRAS) curve. Direction of LRAS Curve Shift Many workers leave to pursue more lucrative careers in foreign economies. This economy's primary source of foreign oil decides to cease exports for political reasons. A government-sponsored training program increases the skill level of the workforce