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The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Slovenia.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Slovenia?

 

Hint


The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Slovenia.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Slovenia?

 

Hint


The graph below shows Long-Run Aggregate Supply Curves (LRAS) for Canada.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Canada?

 

Hint


The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Brazil.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Brazil?

 

Hint


The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Mexico.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Mexico?

 

Hint


The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Brazil.

100200300400500600700800900100011001200100200300400500600700800900100011001200Real GDPPrice LevelLRAS1LRAS2

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Brazil?

 

Hint