A large technological improvement will shift the aggregate supply curve to the right.

Name: A large technological improvement will shift the aggregate supply curve to the right.
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Question

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A large technological improvement will increase productivity and efficiency, leading to lower costs of production and increasing the quantity of goods and services supplied at any given price level. This shift in the aggregate supply curve is represented as a movement to the right.

A Large Technological Improvement Will Shift the Aggregate Supply Curve