Multiple Choice
Which of the following shifts both the short-run aggregate supply curve and the long-run aggregate supply curve?
I. changes in the size of the labor force
II. changes in the money wage rate
III. changes in the quantity of capital
A) II only
B) both I and II
C) both I and III
D) I, II and III
Correct Answer:

Verified
Correct Answer:
Verified
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