Question

in the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve. direction of lras curve shift many workers leave to pursue more lucrative careers in foreign economies. a scientific breakthrough significantly increases food production per acre of farmland. a government-sponsored training program increases the skill level of the workforce.

Answer 1

In the following table, determine how each event affects the position of the long-run aggregate supply (lras) curve. Right lefy right.

Aggregate supply or domestic final deliver is the total supply of products and services that firms in a country wide economic system plan on selling at some stage in a selected time period. it's far the entire quantity of goods and services that corporations are willing and capable of promote at a given rate level in an financial system.

Aggregate supply is the whole quantity of output firms will produce and promote—in other phrases, the real GDP. The upward-sloping combination deliver curve—additionally called the fast run combination deliver curve—suggests the high quality dating between rate level and real GDP inside the short run.

Learn more about aggregate supply here:https://brainly.com/question/15100476
#SPJ4