Economic growth driven by supply factors causes:
A)continuous leftward shifts of aggregate supply.
B)a rightward shift of an economy's long-run aggregate supply.
C)one time shift in aggregate supply.
D)no shift in aggregate supply.

Question

Quizplus · Accepted Answer

Economic growth driven by supply factors, such as technological advancement and increased productivity, can lead to a rightward shift in an economy's long-run aggregate supply curve. This means that the economy is able to produce more goods and services at any given price level, leading to sustained economic growth.

Economic Growth Driven by Supply Factors Causes