Multiple Choice
Which of the following situations will cause the LRAS to shift rightward?
A) when both an advance in technology and an increase in the capital stock occur
B) when both a decrease in the capital stock and a decrease in the amount of labour available for production occur
C) when both an increase in the capital stock and a decrease in the natural resources that are available for production occur
D) when both an advance in technology and a decrease in the amount of labour available for production occur
Correct Answer:

Verified
Correct Answer:
Verified
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