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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?

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

An increase in net outward migration of skilled labor

An increase in state funding for employee training and apprenticeship programs

An increase in the central bank's base interest rate

Aggregate supply Questions

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