Multiple Choice
Which of the following shifts the long-run aggregate supply curve to the left?
A) either an increase in the price of imported natural resources or a reduction in trade restrictions.
B) neither an increase in the price of imported natural resources or a reduction in trade restrictions.
C) an increase in the price of imported natural resources and an increase in trade restrictions.
D) an increase in trade restrictions and a decrease in the price of imported natural resources.
Correct Answer:
Verified
Correct Answer:
Verified
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