3. Macroeconomics

Shifts Of Long-run Aggregate Supply — Quiz

Test your understanding of shifts of long-run aggregate supply with 5 practice questions.

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Practice Questions

Question 1

What does a rightward shift of long-run aggregate supply $($LRAS$)$ usually mean for an economy?

Question 2

Which of the following is most likely to cause $LRAS$ to shift right?

Question 3

Which event would most likely shift $LRAS$ left?

Question 4

Which statement best describes why $LRAS$ is often drawn as vertical?

Question 5

Which policy is most likely to increase $LRAS$ over time?