The long-run aggregate supply curve will shift to the right if
A)the economy experiences technological change.
B)the economy has a decrease in population.
C)the economy experiences high levels of inflation.
D)net exports decrease.
E)the resources fall in price.

Question

Quizplus · Accepted Answer

Technological change increases productivity and potential output, shifting the long-run aggregate supply curve to the right.

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