7 . The slope and position of the long-run aggregate supply curve Which of the following factors will influence the position of the long-run aggregate supply curve? Check all that apply. The quantity of physical capital The inflation rate The level of technological knowledge and entrepreneurship The price levelSuppose the economy produces real GDP of $70 billion when unemployment is at its natural rate. On the following graph, use the purple line (diamond symbol) to plot the economy's long-run aggregate supply (LRAS) curve. 132 O 128 LRAS 124 120 116 PRICE LEVEL 112 108 104 100 10 20 30 40 50 60 70 80 REAL GDP (Billions of dollars)Suppose the government passes a law that reduces unemployment benets in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to v . which will: 0 Not affect the long-run aggregate supply curve 0 Shift the longrun aggregate supply curve to the right 0 Shift the long-run aggregate supply curve to the left In the following table, determine how each event effects the position of the long-run aggregate supply (LRAS) curve. Direclion oi LRAS Curve Shift Event Left Right No Shift The government allows more immigration of workingage adults. 0 0 Q A scienc breakthrough signicantly increases food production per hectare of farmland. 0 A govemmentsponsored training program increases the skill level of the workforce