Multiple Choice
How is economic growth shown on a graph of a long-run aggregate supply (LRAS) curve?
A) Output moves to a higher point on the LRAS curve.
B) Output moves to a lower point on the LRAS curve.
C) The LRAS curve shifts up.
D) The LRAS curve shifts to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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