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What Effect Will the Combination of an Increase in the Capital

Question 32

Multiple Choice

What effect will the combination of an increase in the capital stock and a decrease in the natural resources that are available for production have on LRAS?


A) It will leave LRAS unchanged.
B) It will have an indeterminate effect on LRAS.
C) It will shift LRAS to the left.
D) It will shift LRAS to the right.

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