A change in which of the following will shift the long-run aggregate supply curve?
A)Aggregate demand
B)Available resources
C)The price level
D)Sales or excise taxes

Question

Quizplus · Accepted Answer

The long-run aggregate supply curve shifts due to changes in potential output, which is influenced by available resources (such as labor, capital, land, and technology), not by changes in aggregate demand, the price level, or taxes. These factors directly affect the economy's capacity to produce goods and services.

A Change in Which of the Following Will Shift the Long-Run