Multiple Choice
Which media headline describes a leftward shift of the LAS curve?
A) "Decreased consumer spending may lead to recession."
B) "Increased consumer spending is expected to lead to inflation, with no change in real GDP."
C) "Higher wage settlements may lead to inflation."
D) "Faster growth may be due to more women entering the labour force."
E) "Recent tornadoes destroyed factories in Edmonton and Calgary."
Correct Answer:

Verified
Correct Answer:
Verified
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