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AP Macroeconomics
Unit 3 – National Income and Price Determination
Topic 3.4
If an economy experiences sustained economic growth in the long run, what is likely to happen to the Long-Run Aggregate Supply (LRAS) curve?
The LRAS curve shifts to the left
The LRAS curve becomes flatter
The LRAS curve becomes steeper
The LRAS curve shifts to the right
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AP Macroeconomics - 3.4 Long-Run Aggregate Supply (LRAS)
Key terms
Economy
Long-Run Aggregate Supply (LRAS) Curve
Sustained Economic Growth
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Cram Mode
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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