AP Macroeconomics Flashcards: Long Run Aggregate Supply Lras

Study Long Run Aggregate Supply Lras in AP Macroeconomics with focused flashcards that help you recognize the idea, recall the key rule, and apply it in practice-style prompts.

QUESTION

How does a significant increase in foreign investment affect LRAS?

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ANSWER

Shifts LRAS to the right. Capital inflows increase investment and productive capacity.

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AP Macroeconomics: National Income and Price Determination

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Automatic Stabilizers36 cards

Changes in the AD-AS Model39 cards

Fiscal Policy36 cards

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Long-Run Self-Adjustment38 cards

Multipliers39 cards

Short-Run Aggregate Supply (SRAS)38 cards

The Aggregate Demand-Aggregate Supply Model39 cards

All flashcards

39 cards

What this deck covers

This deck focuses on Long Run Aggregate Supply Lras, giving you a quick way to review the definitions, rules, and examples that matter most for AP Macroeconomics.

How to use these flashcards

Work through these flashcards in short sessions. Try to answer each prompt before flipping the card, then revisit any cards you miss until the explanation feels automatic.

Practice questions

1 of 22Practice questions for this set

A student claims that when the price level rises, firms will produce more in the long run, so LRAS should slope upward. Based on the LRAS curve shown and long-run assumptions, which statement best refutes the claim?

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