45. What effect will the combination of a decrease in the capital stock and increasingly costly government regulations have on LRAS? a. It will shift LRAS to the left. b. It will shift LRAS to the right. c. It will leave LRAS unchanged. d. It will have an indeterminate effect on LRAS.

45. What effect will the combination of a decrease in the capital stock and increasingly costly government regulations have on LRAS? a. It will shift LRAS to the left. b. It will shift LRAS to the right. c. It will leave LRAS unchanged. d. It will have an indeterminate effect on LRAS.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter31: The Impacts Of Government Borrowing

Section: Chapter Questions

Problem 23CTQ: Under what condition would crowding out not inhibit long-run economic growth? Under what condition...

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Question

45. What effect will the combination of a decrease in the capital stock and increasingly costly
government regulations have on LRAS?
*
a. It will shift LRAS to the left.
b.
It will shift LRAS to the right.
c.
It will leave LRAS unchanged.
d.
It will have an indeterminate effect on LRAS.

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