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QUESTION
Intertemporal substitution causes a positive productivity shock to: Select one: make the LRAS curve less steep. make the LRAS curve steeper. shift...
Intertemporal substitution causes a positive productivity shock to:
Select one:
a. make the LRAS curve less steep.
b. make the LRAS curve steeper.
c. shift the LRAS curve farther to the right.
d. shift the LRAS curve farther to the left.
