Something that would cause the long-run aggregate supply curve to shift to the right would be the:
A) unemployment rate decreasing.
B) discovery of a new oil reserve.
C) inflation rate decreasing.
D) The long-run aggregate supply curve is fixed, and does not shift.

Question

Quizplus · Accepted Answer

The discovery of a new oil reserve would increase the availability of resources, including oil, which would lower the cost of production for firms and increase their output. This would cause the long-run aggregate supply curve to shift to the right.

Something That Would Cause the Long-Run Aggregate Supply Curve to Shift