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We know the long-run aggregate supply curve in the AD-AS model can shift. Which of the following situations will not result in a shift of
We know the long-run aggregate supply curve in the AD-AS model can shift. Which of the following situations will not result in a shift of the LRAS curve? Automation which improves productivity. The interruption of production due to a cyclone. Changes in technology levels. Changes in the endowment of natural resources. An influx of highly skilled workers through immigration
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
