Economic growth is depicted by a:
A) rightward shift in the aggregate demand curve.
B) rightward shift in the upward-sloping range of the short-run aggregate supply curve.
C) downward shift in the Keynesian range of the short-run aggregate supply curve.
D) rightward shift in the long-run aggregate supply curve.

Question

Quizplus · Accepted Answer

Economic growth is represented by a rightward shift in the long-run aggregate supply curve, indicating an increase in the economy's potential output.

Economic Growth Is Depicted by A