The long- run aggregate supply curve will shift outwards and to the right when:
A) the government reduces personal income tax
B) the government increases company tax rates
C) new technology is developed
D) the costs of inputs in production rise

Question

Quizplus · Accepted Answer

The long-run aggregate supply curve shifts to the right when there is an improvement in factors that increase the productive capacity of the economy, such as the development of new technology.

The Long- Run Aggregate Supply Curve Will Shift Outwards and to the Right