Part of the good economic performance of the United States in the 1990s can be explained by a rightward-shifting aggregate supply curve.

Question

Quizplus · Accepted Answer

A rightward shift in the aggregate supply curve means that there is an increase in the productive capacity of the economy, which can lead to increased output and lower prices. This can contribute to economic growth and improved performance, which may have been a factor in the good economic performance of the United States in the 1990s.

Part of the Good Economic Performance of the United States