Which of the following, other things the same, would make the price level decrease and real GDP increase?
A) long-run aggregate supply shifts right
B) long-run aggregate supply shifts left
C) aggregate demand shifts right
D) aggregate demand shifts left

Question

Quizplus · Accepted Answer

If the long-run aggregate supply shifts right, it means that the economy is able to produce more goods and services at a lower price level. This would result in a decrease in the price level and an increase in real GDP.

Which of the Following, Other Things the Same, Would Make