Description of this paper

Economic growth from an inefficient level

Description

solution


Question

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-2015

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