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Long Run Aggregate Supply
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Long Run Aggregate Supply
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17. Aggregate Demand and Aggregate Supply Analysis / Long Run Aggregate Supply / Problem 3
Problem 3
What role do natural resources play in determining long run aggregate supply?
A
They are a factor of production that can shift the LRAS curve.
B
They have no impact on the LRAS curve.
C
They determine the price level in the economy.
D
They only affect short run aggregate supply.
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