In the AD-AS model, what will be the effect on the home country of an influx of migrant workers from other countries? O The economy will move down along the long-run aggregate supply curve. O The long-run aggregate supply curve will shift to the left. O The short-run aggregate supply curve will shift right but long-run aggregate supply will not change. O The economy will move up along the long-run aggregate supply curve. O The long-run aggregate supply curve will shift to the right.

In the AD-AS model, what will be the effect on the home country of an influx of migrant workers from other countries? O The economy will move down along the long-run aggregate supply curve. O The long-run aggregate supply curve will shift to the left. O The short-run aggregate supply curve will shift right but long-run aggregate supply will not change. O The economy will move up along the long-run aggregate supply curve. O The long-run aggregate supply curve will shift to the right.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter24: The Aggregate Demand/aggregate Supply Model

Section: Chapter Questions

Problem 3SCQ: The short run aggregate supply curve was constructed assuming that as the price of outputs...

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