45. What effect will the combination of a decrease in the capital stock and increasingly costly government regulations have on LRAS? a. It will shift LRAS to the left. b. It will shift LRAS to the right. c. It will leave LRAS unchanged. d. It will have an indeterminate effect on LRAS.
45. What effect will the combination of a decrease in the capital stock and increasingly costly government regulations have on LRAS? a. It will shift LRAS to the left. b. It will shift LRAS to the right. c. It will leave LRAS unchanged. d. It will have an indeterminate effect on LRAS.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:45. What effect will the combination of a decrease in the capital stock and increasingly costly
government regulations have on LRAS?
*
a. It will shift LRAS to the left.
b.
It will shift LRAS to the right.
c.
It will leave LRAS unchanged.
d.
It will have an indeterminate effect on LRAS.
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