Which of the following shifts the aggregate supply curve rightward?
A)increase in potential GDP
B)increase in the money wage rate
C)increase in real GDP
D)increase in the money price of oil
E)increase in consumers' incomes

Question

Quizplus · Accepted Answer

An increase in potential GDP means that the economy is able to produce more goods and services in the long run, leading to an increase in aggregate supply and a rightward shift of the aggregate supply curve. The other options are likely to shift the aggregate supply curve leftward.

Which of the Following Shifts the Aggregate Supply Curve Rightward