Advanced Placement (AP)

In the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve. direction of lras curve shift the government allows more immigration of working-age adults who find work. (left, no shift, right) a scientific breakthrough significantly increases food production per acre of farmland. (left, no shift, right) a government-sponsored training program increases the skill level of the workforce. (left, no shift, right)

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In the following table, determine how each event affects the position of the long-run aggregate supp...

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