A candidate for political office announces the following policies which, he says, economics clearly demonstrates will lead to higher output in the long run: 1. increase immigration from abroad 2 make trade more open between the US and other countries.
A) 1 and 2 both shift long-run aggregate supply left
B) 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
C) 1 and 2 both shift long-run aggregate supply right.
D) 1 shifts long-run aggregate supply right, 2 shifts long-run aggregate supply left.
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