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Question 1

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

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

 

Hint


Question 2

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

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

 

Hint


Question 3

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

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

 

Hint


Question 4

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

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

 

Hint


Question 5

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

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

 

Hint


Question 6

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

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

 

Hint