-In the above figure, B is the current long-run aggregate supply curve and E is the current
Short-run aggregate supply curve. Technological advances mean the long -run aggregate supply curve and short-run aggregate supply curve
A) remain B and E.
B) shift to A and D, respectively.
C) shift to C and remain E, respectively.
D) shift to C and F, respectively.

Question

-In the above figure, B is the current long-run aggregate supply curve and E is the current
Short-run aggregate supply curve. Technological advances mean the long -run aggregate supply curve and short-run aggregate supply curve
A) remain B and E. 
B) shift to A and D, respectively. 
C) shift to C and remain E, respectively. 
D) shift to C and F, respectively.

Quizplus · Accepted Answer

Technological advances typically increase productivity, which shifts both the long-run and short-run aggregate supply curves to the right, indicating an increase in potential output and actual output.

-In the Above Figure, B Is the Current Long-Run Aggregate