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Aggregate supply

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Question 4

Which of the following is most likely to cause a rightward shift in an economy's long-run aggregate supply (LRAS) curve?

A

An increase in the rate of value added tax (VAT)

B

An increase in net outward migration of skilled labor

C

An increase in state funding for employee training and apprenticeship programs

D

An increase in the central bank's base interest rate

Markscheme

Aggregate supply Questions

  1. A Level
  2. /Economics
  3. /Aggregate supply

7 exam-style questions on OCR A Level Economics Aggregate supply. Each one has a worked solution and a mark scheme showing where the marks go.

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