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Supposed you are tasked with evaluating the effects of a candidate's policy recommendations. One candidate suggests the following policies which, she claims, will result in
Supposed you are tasked with evaluating the effects of a candidate's policy recommendations. One candidate suggests the following policies which, she claims, will result in higher output in the long run: 1. increase immigration from abroad 2. make trade more open between the US and other countries. In what ways will these affect our AS / AD model? Question 6 options: 1 and 2 both shift long-run aggregate supply right. 1 and 2 both shift long-run aggregate supply left. 1 shifts long-run aggregate supply right, 2 shifts long-run aggregate supply left. 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
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