Any movement along the x-axis (real GDP) indicates short-term development, whereas a shift to the right of the LRAS curve indicates long-term growth. Long-term development (LTG) is an investing strategy aimed at increasing the value of a portfolio over a long period of time. Long-term growth is defined as above-market returns over a period of 10 years or more, albeit it varies depending on an investor's time horizons and personal style. The long run is a span of time during which all production parameters and costs are subject to change.

In your posting you say "Any movement along the x-axis (real GDP) indicates short-term development, whereas a shift to the right of the LRAS curve indicates long-term growth."

Can you elaborate more on exactly what you mean by the above statement?