Multiple Choice
If investment as a fraction of GDP rose substantially and then stayed at a high level,what effect would this have on aggregate supply over time?
A) It will shift both the SRAS and LRAS right.
B) It will shift the SRAS right, but not the LRAS.
C) It will shift the LRAS to the left, but not the SRAS.
D) It will shift both the SRAS and the LRAS left.
Correct Answer:
Verified
Correct Answer:
Verified
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