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24 June, 13:51

Indicate whether each of the following events will increase, decrease, or have no effect on long-run aggregate supply (LRAS). Event Effect on LRAS The United States experiences a wave of immigration. Congress limits the work week to 40 hours. Intel invents a new and more powerful computer chip. The United States discovers a new mineral deposit.

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  1. 24 June, 14:44
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    The answer each of the following events would be

    Explanation:

    Congress limits the work week to 40 hours, will not affect as long as the hours worked are effective for the achievement of set goals

    Intel invents a new and more powerful computer chip, can increase only depends on what the entrepreneur is willing to produce and sell

    The United States discovers a new mineral deposit, can increase only depends on what the entrepreneur is willing to produce and sell
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