Which of the following would be most likely to shift the long-run aggregate supply curve (LRAS) to the right? favorable weather conditions that increased the size of this year's grain harvest an increase in resource prices relative to product prices an increase in labor productivity as the result of improved computer technology and expansion of the Internet an increase in the cost of security as the result of terrorist activities

Which of the following would be most likely to shift the long-run aggregate supply curve (LRAS) to the right? favorable weather conditions that increased the size of this year's grain harvest an increase in resource prices relative to product prices an increase in labor productivity as the result of improved computer technology and expansion of the Internet an increase in the cost of security as the result of terrorist activities

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model

Section: Chapter Questions

Problem 3CQ

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