Economic growth from an inefficient level of production can be represented by a;rightward movement of the AD/SRAS intersection point that ends up closer to the LRAS curve.;rightward shift of the LRAS curve.;rightward shift of the SRAS curve.;pivoting of the SRAS curve to come closer to the LRAS curve.
Paper#29816 | Written in 18-Jul-2015Price : $22