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.
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1. Erie Canal.
2. Black people were not treated fairly in the whaling industry.
3. Slaves were considered property, age didn’t really matter.
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Answer:
Proteins and carbohydrates
Explanation: I just took this test.
Answer:
Arche
Explanation:
These philosophical thinkers were searching for the arche, the source or the the beginning.
These people were searching for the arche in presocratic terms. The arche is a Greek term that means first principle. The arche according to aristotle is the explanatory first principle from which every other thing is formed. According to another philosopher thales, the arche is the source and the beginning