In which situation would the long-run aggregate-supply curve shift right?
A) if technology improves
B) if the price level decreases
C) if the price of oil increases
D) if the money supply increases

Question

Quizplus · Accepted Answer

Improvements in technology can increase the productivity of workers and lower the costs of production, causing the long-run aggregate supply curve to shift to the right.

In Which Situation Would the Long-Run Aggregate-Supply Curve Shift Right