Question: 2 5 Multiple Choice 2 points When an economy's institutions deteriorate due to mismanagement and corruption, it is reasonable to expect an upward movement along
Multiple Choice
points
When an economy's institutions deteriorate due to mismanagement and corruption, it is reasonable to expect
an upward movement along the longrun aggregate supply curve LRAS
a downward movement along the LRAS curve.
a leftward shift of the LRAS curve.
a rightward shift of the LRAS curve.
no change in the LRAS curve.
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