Answer questions 12-18 by choosing from the following answers:
A. AD shifts to the right
B. AD shifts to the left
C. AS shifts to the right
D. AS shifts to the left
-…Productivity rises?

Question

Quizplus · Accepted Answer

When productivity rises, it means that the economy can produce more goods and services with the same amount of resources. This increase in efficiency shifts the Aggregate Supply (AS) curve to the right, indicating an increase in the total output of the economy at every price level.

Answer Questions 12-18 by Choosing from the Following Answers