Which of the following changes does NOT shift the long-run aggregate supply curve?
A. a decrease in the labor force
B. a fall in the price level
C. a rise in number of college graduates in the labor force
D. a tax hike that reduces the capital stock
Answer:B
Which of the following changes does NOT shift the long-run aggregate supply curve?
A. a decrease in the labor force B. a fall in the price level C. a rise in number of college graduates in the labor force D. a tax hike that reduces the capital stock