A shift to the left of the LRAS Curve
represents what?
A. economic stagnation
B. an economic recession
C. economic growth

Answers

Answer 1

Long run aggregate supply (LRAS)

The long run aggregate supply curve (LRAS) is determined by all factors of production – size of the workforce, size of capital stock, levels of education and labour productivity.

If there was an increase in investment or growth in the size of the labour force this would shift the LRAS curve to the right.

long-run-economic-growth-LRAS-AD

This is the classical view of long run aggregate supply (LRAS). It states that aggregate supply is not determined by the price level or AD, but is determined by factors of production, – land, labour, capital and labour productivity.

How to know which ones to use?

If showing a change in wage costs or oil prices, I would use a SRAS.

For showing long run economic growth, and an increase in capital stock and investment I would show a shift in LRAS.

Keynesian view of LRAS

LRAS-keynsian-classical

A further complication is that there are different views of the LRAS. The Classical view is an inelastic LRAS. The Keynesian view suggests it is elastic at a point up to inelastic. In a sense, the Keynesian view is a combination of the short run aggregate supply and long run. The Keynesian LRAS shows that there is a point in the economy of spare capacity where firms can use more. There also comes a point where full capacity is reached.


Related Questions

plz help will mark a bianleast 3. Could you have identified any of the minerals after having described only a few, rather than all, of the properties you tested? If so, give an example.

Answers

Answer:

Color, Most minerals have a distinctive color that can be used for identification. In opaque minerals, the color tends to be more consistent, so learning the colors associated with these minerals can be very helpful in identification.As with other tests, repetition usually pays off. Always try to use a sharp edge or point, rather than just dragging the mineral across the streak plate willy-nilly. While some soft minerals give a streak easily no matter how you drag them, others will not streak well unless you use a small surface area of the mineral to get the streak.Minerals are naturally occurring substances, with a definite chemical composition and ordered internal structure that is found beneath the earth’s surface.appearance makes it rather easy to distinguish from all other rocks. It is composed of the elements that make quartz, feldspar and iron/ magnesium minerals that have cooled so quickly that the minerals could not develop and crystallize. Colors vary from black to red, black & red (mahogany), gray, green, iridescent, snowflake.Some minerals, such as quartz, only form in one particular shape. Others, such as calcite, can be found in multiple shapes. Sometimes shape isn’t enough and you need to use other tests to help you identify a mineral. Hardness – How hard or soft a mineral is can tell you right away what mineral it could or could not be.Minerals that break this way do so because their atoms are arranged so that they break apart from each other along these planes. Mica is an example of a mineral that has cleavage.

Hope this helped you!

Sorry if its too long..

Explanation:

name any two works written by foregin writers ?​

Answers

I will give you a list of foreign authors works:
The little Prince
One Hundred Years of Solitude
The Shadow of the wind
The Alchemist
The Metamorphosis
Anna Karenina
Things Fall Apart
I hope this helps, make sure to like.

Which is one feature of the ocean floor found in the open ocean? trench abyssal plaincontinental slopecontinental shelf

Answers

Answer:

ridge and abysall plain

Answer:

B.    abyssal plain

Explanation:

I did the test on edgenuity and got it right. Hope this helps!

Even though most people still live in rural areas, Southeast Asia is becoming more urbanized. Question 2 options: True False

Answers

Answer:

True

Explanation:

There was a period when the process of urbanization was only attributed to the developed industrialized countries. But nowadays rapid urbanization is steadily taking place in developing countries as well. There has been a notably positive shift in the rate of this occurring among particular countries of South East Asia. The increase in population and their migration to the cities in search of economic prosperity have increased the migration from the nearby rural areas. Some best examples of this trend are actions like Japan, South Korea, India, China, Bhutan, etc.

Do you think failure has any part in success ? Explain

Answers

Yes failure has a big part in success. When you fail you grow and learn form your past mistakes.

Yes. It is a key component to MOST people who succeed. Failure is the embodiment of what success means to many successful people in history. Without failure... what even is success? They are two polar opposites working for the same team. You fall... then learn to pick yourself back up.

Which of the following statements best describes literacy rates in north Africa

Answers

Answer:

The answer is A

Explanation:

i took the test

Secondary power supplies must supply power to protected-premises fire alarm systems for a minimum of ?

Answers

Answer: 24 hours of standby followed by 5 minutes of alarm

Explanation:

Fire alarm and other security alarm devices would always need power supply to function, depriving or shortening the sippy of power would make them not functional for those moments which they lacked the power, a 24hours supply is a must for effectiveness of the fire alarm system.

Presents a vision of society as a community whose members are joined in a shared pursuit of values and goals they hold in common. The community is comprised of individuals whose own good is inextricably bound to the good of the whole. The principle states: "What is ethical is what advances the common good."

Answers

Answer:

The Common Good Approach

Explanation:

The common good approach applies to efforts being made or measures being placed in motion that supports not only a small group of people but all the people of a community. It enforces the best deal to bring positive and beneficial outcomes to the society. This approach emphasised on improving the qulaity of life of th people for example free public education benefits society as a whole as it provides a chance for the underdeveloped people to improve their lot and thus increases the literacy rate of a society.

Help?? I will give brainly Why was New York City so difficult to defend against a British invasion? It had no established fortifications. Most colonists there were hostile to the rebellion. It was surrounded by water. It was difficult to maintain troops' attention in the city.

Answers

Answer:

The British held New York harbor for the rest of the war, using it as a base for expeditions against other targets.

Explanation:

where's brainliest?

i want it please

Answer:

It was surrounded by water.

Explanation:

Can I have brainliest please?

"Between a pilot and a priest, who do you think should fly a commercial jet airplane? Who should perform a marriage?"

Answers

Pilot would fly the airplane because they are trained and certified on how to do so, priest should perform a marriage because they are trained and certified on how to do so.

Healthy main power is the foundation of national development justify the statement​

Answers

Answer:  It is always said that health is wealth. If a nation has healthy people it signifies that the nation has enough able manpower for the development of the country that can drive the nation in the right direction developing it.

Explanation:

Answer:

I hope it helped U

stay safe stay happy

Born in 1980, Rafael volunteers at his local YMCA, never attends church, and doesn't identify with either major political party in the United States. Of which generation is Rafael most likely affiliated?

Answers

Answer: Millennials

Explanation:

Those born between 1980 and 1996 are considered to be Millennials. What characterize millennials is they were grown with a pet mentality; where their parents pampared them so much, the are confident, ambitious, they have high expectations and tend to look forward to new challenges at every sphere of life and would walk up to any authority to demand their right.

Most psychologists believe that ESP exists True or false?

Answers

Answer: It's true.

Explanation:

Because many believe their's lots of crazy things that exist and psychologists are one, also with the world being as mysterious as it is lots of things could exist or be possible.

Give short answer
Define environment?​

Answers

Answer:

The surroundings or conditions in which a person, animal, or plant lives is known as Environment

What impact did agriculture have on Mississippian Indian society

Answers

Answer:

The high productivity of maize agriculture presumably led to the increased population and more elaborate societies characteristic of the Mississippians, and also would have provided a dependable basis for the incipient urbanism seen in the biggest Mississippian centers like Cahokia.

Explanation:

That's the correct answer.

Answer:

High Productivity

Explanation:

I agree

How did Europeans get slaves in the 1800s?

Answers

Answer:

Europeans bought enslaved people who were captured by other Africans


What was a result of the French and Indian War?

Answers

Answer:

Treaty Of Paris

Explanation:

Hmm.. Look at how many questions I answered and people I helped-

Treaty of Paris.........

what is the correct definition of a confederation?​

Answers

Answer:

an organization which consists of a number of parties or groups united in an alliance or league.

An informed voter created the table below which lists qualifications for two candidates running for the school board. Sal's Qualifications Vanessa's Qualifications 10 years as classroom teacher 12 years as small business owner 5 years as school principal 3 years on school advisory council College degree in education leadership College degree in business administration Based on the information in the table, why might voters consider Sal more qualified than Vanessa to be elected to the school board? (3 points) Select one: a. Sal has spent 15 years as a professional educator. b. Sal has a college degree. c. Sal has business experience. d. Sal is a parent of students who attend local schools.

Answers

Answer:

Sal has spent 15 years as a professional educator.

Explanation:

The voters might consider Sal more qualified than Vanessa to be elected to the school board because Sal has spent 15 years as a professional educator.

Who is professional educator?

Communication, listening, teamwork, adaptability, empathy, and patience are all qualities of a good teacher or professional educator. Additionally, engaging classroom presence, importance of real-world learning, sharing of best practices, and a lifetime love of learning are traits of good teachers.

Further the job of a professional educator is to aid in students' learning by transferring knowledge to them and creating an environment conducive to good learning.

Particulars                 Sal's Qualifications                Vanessa's Qualifications

a) classroom teacher         10 years                            

b) small business owner                                                           12 years

c) school principal               5 years

d) school advisory council                                                         3 years

e) College degree in             Education                                     Business

                                              Leadership                                Administration

Therefore Sal has a requisite qualification for the appointment therefore he has to be get elected than Vanessa in school Board.

Learn more about professional educator refer:

https://brainly.com/question/18521010

#SPJ2

Which term refers to a group or community that forms the focal point of a study and consists of all the people considered for evaluation in the research?
A.
sample
B.
population
C.
variable
D.
mean

Answers

Answer: B. Population.

Explanation: Population may be explained from a statistical view to consist or incorporate all individuals or participants who is eligible and fits a certain research criteria within the research setting. For instance, a population of college students in New York city should consists of all students attending colleges in the New York. Hence it can be deduced that, population is a set of all eligible participants. It is from these population that sample is being drawn from which is a random subset of participants which is representative of the entire population.

Answer:

Population

Explanation:

I just got 100 percent on Plato. (:

please help!!!!!!! i’ll give you a thanks

Answers

Answer:

The 3rd

Explanation:

Children did physical labor instead of going to school

Hope this helps :)

Answer:C im sure its C

Explanation:

HELPPPPPP MEEEEE PLZZZZZ

Answers

Answer:

A

Explanation:

A lower GDP per capita is a sign that a country is more developed. Please select the best answer from the choices provided

Answers

Answer:

no

Explanation:

cause if a country is not producing a large GDP they made lose income from other countries

Answer:

false

Explanation:

just took test

A psychologist hypothesizes that people earning a salary of more than $500,000 are actually less happy than people earning $40,000–$60,000 per year. What are six variables the psychologist might need to consider when testing her hypothesis?

Answers

Explanation:

A hypothesis may b defined as the suggested solution for some unexplained occurrence which does not fit into the current accepted scientific theory.It is an educated guess or postulation about how two variables or more than two variable relates with each other.

In the given context, the six variables which the psychologist will need when carrying out the hypothesis are :

1. Independent variable

2. Dependent variable

3. Participant Variables

4. Situational Variables

5. Demand characteristics or variables

6. Experimenter effects or variables

Which of the following rivers was claimed by the french? (There is more than one answer) PLEASE HELP A. St. Lawrence River B. Mississippi River C. Ohio River D. Hudson River E. Potomac River

Answers

Answer:

The Mississippi River and the Ohio River were claimed by the French.

Who is responsible for the sustainment of a community?​

Answers

Answer:

The sustainment joint function encompasses all core logistics capabilities. ... which organization is ultimately responsible for validating the joint manning ... How can the sustainment community provide better support to the ...

Answer:

I guess

People of that community and the rules and regulations formulated!!

At which latitude is Antartica?

Answers

Answer:

82.8628° S, 135.0000° E

Explanation: 82.8628° S, 135.0000° E

Answer:

82.8628°S

Explanation:

Sum it up to 83°S

What were two aspects of life as an indentured servant?

Answers

Answer:

servants typically worked four to seven years exchange for passages,room,board,lodging,and freedom dues.

Answer:

The servant worked for a specific period of service.

The servant often worked to pay back money owed for passage to the colonies.

Explanation: I did the test

:))))))))))))))

the economy of china was rooted in trading what product?​

Answers

Answer:

The economy of China was rooted by trading of many products which consists of manufactured goods, of which electrical and electronic machinery, equipment, clothing, textiles and footwear are by far the most important. Agricultural products, chemicals and fuels are also significant products for trade.

How can we divide the U.S. into different sections?

Answers

Northeast,Midwest,South and West
Other Questions
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