Step-by-step explanation:
An increase in the price level will not increase LRAS (Long-Run Aggregate Supply). An increase in LRAS is determined by an increase in factors of production, such as an increase in capital stock or labor stock, or an improvement in technology that leads to increased efficiency and productivity in production. An increase in the price level, on the other hand, affects the short-run aggregate supply and may lead to a temporary increase in output, but it does not contribute to the long-run potential output level that is captured by LRAS.