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Exhibit 14A-5  Macro AD-AS Model Economic Growth Is Represented in Exhibit

Question 2

Multiple Choice

Exhibit 14A-5  Macro AD-AS Model Exhibit 14A-5  Macro AD-AS Model Economic growth is represented in Exhibit 14A-5 by a: 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 14A-5 by a:


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) .

Correct Answer:

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