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Anettt [7]
2 years ago
12

The third phase of the Keynesian LRAS

Social Studies
1 answer:
NeTakaya2 years ago
4 0

The third phase of the Keynesian LRAS Curve shows the economy at full employment. This means that the factors of production are being used at full capacity.

<h3>What do you mean by long-run aggregate supply?</h3>

Long-run aggregate supply can be defined as the output that an economy can produce while using all the factors of production and operating at full employment level.

The third phase of the Keynesian LRAS curve shows that the economy is at full employment which means that factors of production are being used at full capacity.

Therefore, B is the correct option.

Learn more about long-run aggregate supply here:

brainly.com/question/14020407

#SPJ1

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In a computer, a file system or a filesystem refers to a system where you name the files and keep them logically in order to use or retrieve them later. Without this system, whatever information you store, it would not be isolated into individual files and it would then become difficult to identify and retrieve them.

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