Other things the same,if the long-run aggregate supply curve shifts right,prices
A)and output both increase.
B)and output both decrease.
C)increase and output decreases.
D)decrease and output increases.

Question

Quizplus · Accepted Answer

In the long run, an increase in aggregate supply typically leads to lower prices and higher output, as the economy can produce more goods and services at a lower cost.

Other Things the Same,if the Long-Run Aggregate Supply Curve Shifts