If the aggregate supply curve shifts to the right,the ________ curve shifts to the ________.
A)aggregate demand;left
B)Phillips;left
C)aggregate demand;right
D)Phillips;right

Question

Quizplus · Accepted Answer

A rightward shift in the aggregate supply curve typically indicates an increase in the total output at every price level, which can lead to lower inflation rates for the same level of unemployment. This scenario is represented on the Phillips curve by a movement to the left, as it shows the inverse relationship between inflation and unemployment.

If the Aggregate Supply Curve Shifts to the Right,the ________