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Nataly_w [17]
3 years ago
9

Suppose a nation opened its borders to the free flow of workers from other nations. how would this event likely affect the long-

run aggregate supply (lras) curve and the production possibilities curve of the nation?
a) the (lras) curve would shift to the right, and the production possibilities curve would not shift.
b) both curves would shift to the right.
c) neither curve would shift.
d) both curves would shift to the left.
e) the (lras) curve would shift to the left, and the production possibilities curve would shift to the right.
Business
1 answer:
OverLord2011 [107]3 years ago
5 0

Answer:

B) both curves would shift to the right.

Explanation:

The long-run aggregate supply (LRAS) curve will shift to the right because the production costs will decrease, increasing total production output and lowering prices.

The production possibilities frontier (PPF) will also shift to the right because more production output increases total supply, and that increases the production possibilities of the country.

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The answer is true.

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The statement which is correct and true is that the debt securities usually pay interest for the fixed period or year. Therefore, the correct option is B.

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