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Economic management — Question 7

QCAA 2024, Paper 1 · 1 mark

Q7 · 2024 · External assessmentUnclassified1 mark

QUESTION 7

Ceteris paribus, a shift in the long run aggregate supply curve should occur when

(A) household saving ratios fall.

(B) average pension age decreases.

(C) median household income increases.

(D) worker productivity remains constant.

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