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Ludmilka [50]
4 years ago
15

The​ long-run aggregate supply curve will not shift if there is a change in A. amount of capital. B. the price level. C. technol

ogy. D. amount of labor. All of the following will shift the​ short-run aggregate supply and the​ long-run aggregate supply except for A. increased training and education of the labor force. B. decreased competition. C. a temporary change in input prices. D. a depletion of raw materials.
Business
1 answer:
ValentinkaMS [17]4 years ago
3 0

Answer:

The​ long-run aggregate supply curve will not shift if there is a change in

  • B. the price level.

A change in the price level only results in a movement along the long-run aggregate supply curve, it doesn't cause a shift. Only when the quantity of factors of production changes, will the LRAS curve shift.

All of the following will shift the​ short-run aggregate supply and the​ long-run aggregate supply except for

  • C. a temporary change in input prices.

Basically the same logic as the previous answer, a change in price level doesn' shift the LRAS curve.

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