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25 Sep 2019

The long-run aggregate supply curve shifts right if: 

 

(i) The total amount of capital increases in the economy. 

(ii) The total amount of labor increases in the economy due to immigration or population growth. 

(iii) There is a technological breakthrough that increases productivity. 

(iv) The natural rate of unemployment decreases. 

(v) All of the above

 

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Jean Keeling
Jean KeelingLv2
3 Feb 2019

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