Which of the following supply shocks will shift the long-run aggregate supply curve outward?

a. An increase in business taxes
b. An increase in gasoline taxes
c. An increase in the cost of raw materials
d. An increase in the amount and cost of government regulation
e. An increase in agricultural output

e

Economics

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Refer to Figure 1-5. Calculate the area of the triangle A

A) $8.4 million B) $6.3 million C) $3.15 million D) $2.1 million

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Economic growth can be illustrated by an outward shift of the PPC

a. True b. False Indicate whether the statement is true or false

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