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Exhibit 10A-5 Macro AD-AS Model

Question 152

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Exhibit 10A-5 Macro AD-AS Model
Exhibit 10A-5 Macro AD-AS Model     ​ Economic growth is represented in Exhibit 10A-5 by: A)  ​leftward shift in the long-run aggregate supply curve (LRAS) . B)  ​ inward shift of the production possibilities curve. C)  ​rightward shift in the long-run aggregate supply curve (LRAS) . D)  ​movement along the long-run aggregate supply curve (LRAS) .
 

Economic growth is represented in Exhibit 10A-5 by:


A) ​leftward shift in the long-run aggregate supply curve (LRAS) .
B) ​ inward shift of the production possibilities curve.
C) ​rightward shift in the long-run aggregate supply curve (LRAS) .
D) ​movement along the long-run aggregate supply curve (LRAS) .

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