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 $LRAS$ most directly mean in macroeconomics?

Question 2

Which change would most likely cause $LRAS$ to shift to the right?

Question 3

Which factor is most likely to shift $LRAS$ to the left?

Question 4

In the long run, an increase in $LRAS$ is most likely to cause what outcome?

Question 5

Which of the following is an example of a supply-side policy that could increase $LRAS$?
Shifts Of Long-run Aggregate Supply Quiz — IB Economics SL | A-Warded