2.3.3.3b - Factors influencing LRAS. Changes in: • the state of technology • productivity •

Factors influencing LRAS. Changes in:; the state of technology; productivity; education and skills; government regulations and tax; demography and net migration; competition policy.

Use b - factors influencing lras. changes in: • the state of technology • productivity • to connect the rule to the data and decision in the question.

This matters because b - factors influencing lras. changes in: • the state of technology • productivity • determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply b - factors influencing lras. changes in: • the state of technology • productivity • to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: b - Factors influencing LRAS. Changes in: • the state of technology • productivity • is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.