Which of the following is most likely to cause the long-run aggregate supply curve to shift rightward?
A)A rise in energy prices
B)A drop in the actual price level
C)An increase in the demand for leisure hours
D)An increase in the level of investment spending that is less than the depreciation of the capital stock
E)A technological breakthrough with widespread practical applications

Question

Quizplus · Accepted Answer

A technological breakthrough with widespread practical applications would lead to an increase in productivity and efficiency in the economy, leading to a rightward shift in the long-run aggregate supply curve.

Which of the Following Is Most Likely to Cause the Long-Run