Which of the following would cause a shift in the short-run aggregate supply curve, but no change in the long-run aggregate supply curve? an increase in the size of the labor force O an increase in the wage rate an increase in the quantity of capital O all of the above would shiftboththe long-run aggregate supply curve and the short-run aggregate suppl curve.
Which of the following would cause a shift in the short-run aggregate supply curve, but no change in the long-run aggregate supply curve? an increase in the size of the labor force O an increase in the wage rate an increase in the quantity of capital O all of the above would shiftboththe long-run aggregate supply curve and the short-run aggregate suppl curve.
Chapter14: Aggregate Demand And Supply
Section14.A: The Self Correcting Aggregate Demand And Supply Model
Problem 1SQP
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