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17. Aggregate Demand and Aggregate Supply Analysis
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17. Aggregate Demand and Aggregate Supply Analysis
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17. Aggregate Demand and Aggregate Supply Analysis / Long Run Aggregate Supply / Problem 7
Problem 7
How does an increase in immigration typically affect the labor availability in an economy?
A
It makes the LRAS curve horizontal.
B
It increases labor availability, potentially shifting the LRAS curve to the right.
C
It has no effect on labor availability or the LRAS curve.
D
It decreases labor availability, potentially shifting the LRAS curve to the left.
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