What three factors affect long-run aggregate supply? A. Natural Resources, Technology, and unemployment B. Resources, technology, and institutions C. Interest rates, inflation, and the quantity of money D. None of the above
What three factors affect long-run aggregate supply? A. Natural Resources, Technology, and unemployment B. Resources, technology, and institutions C. Interest rates, inflation, and the quantity of money D. None of the above
Chapter20: Aggregate Demand And Supply
Section20.A: The Self Correcting Aggregate Demand And Supply Model
Problem 8SQ
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What three factors affect long-run
A. Natural Resources, Technology, and
B. Resources, technology, and institutions
C. Interest rates, inflation, and the quantity of money
D. None of the above
Expert Solution
Step 1
In the long run there are three factors that affect aggregate supply.
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