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Exhibit 14A-5 Macro AD-AS Model

Question 40

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