Which of the following would shift the long-run aggregate supply curve to the right?
A)an increase in the actual price level
B)an increase in the money supply
C)increased international trade
D)None of the above is correct.

Question

Quizplus · Accepted Answer

Increased international trade can lead to a shift in the long-run aggregate supply curve to the right by increasing access to new markets and resources, promoting technological advancement and specialization, and reducing production costs. Options A and B are incorrect because they refer to factors that influence short-term changes in aggregate supply, while option D is incorrect because there must be a factor that causes a shift in aggregate supply.

Which of the Following Would Shift the Long-Run Aggregate Supply