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LRAS LRAS, Price Level AD Real output Figure 17.7 If the PPF shifts outward, what would happen on the graph of the macro economy shown
LRAS LRAS, Price Level AD Real output Figure 17.7 If the PPF shifts outward, what would happen on the graph of the macro economy shown above? Multiple Choice O the long-run aggregate supply would shift from LRAS2 to LRAS, O the long-run aggregate supply would shift from LRAS, to LRAS2 O the price level would go up. O the aggregate demand curve would shift to the right.LRAS LRAS, Price Level AD Real output Figure 17.7 What would most likely result in a shift in the long-run aggregate supply from LRAS, to LRAS2. Multiple Choice O More government spending. O An increase in the money supply. O Higher average labor skills. O More transfer payments.AS1 AS4 Price Level AD Real Output Figure 16.3 Say the economy is currently at AS2. Which curve could the economy move to if a country increased the number of migrants it accepted into its boarders? Multiple Choice O AS1 O AS2 O AS3
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