An increase in aggregate supply is usually shown by a ______ shift of the AS curve.
A) upward
B) downward
C) leftward
D) rightward

Name: An increase in aggregate supply is usually shown by a ______ shift of the AS curve. A) upward B) downward C) leftward D) rightward
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

An increase in aggregate supply means that more goods and services will be produced at every given price level. Thus, the AS curve will shift to the right, indicating a higher level of output at every price level.

An Increase in Aggregate Supply Is Usually Shown by a ______