The long run aggregate supply curve will shift to the right if-08791
The long run aggregate supply curve will shift to the right if:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.4.
The long run aggregate supply curve will shift to the right if:
The price level increases
Factors of production (such as labor and capital) increase.
Expenditures (such as consumption and net exports) increase.
The prices of inputs used to produce goods and services (such as wages and the price of oil) decrease.