If investment as a fraction of GDP rose substantially and then stayed at a high level, what
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Question:
If investment as a fraction of GDP rose substantially and then stayed at a high level, what would be the effect on aggregate supply over time?
Question 4 options:
It will shift both the SRAS and LRAS right. | |
It will shift the SRAS right, but not the LRAS. | |
It will shift the LRAS to the left, but not the SRAS. | |
It will shift both the SRAS and the LRAS left. |
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