Examlex
Which of the following is most likely to cause the aggregate supply curve to shift to the right?
Real Value
The value of an object or service adjusted for inflation, reflecting its true purchasing power.
Nominal Interest Rate
The interest rate stated on a loan or investment agreement, without adjustment for inflation.
After-tax Real Interest Rate
The interest rate received by lenders or paid by borrowers, adjusted for inflation and taxes, that reflects the true cost of borrowing or real yield on savings.
Inflation Rate
The speed at which the overall price level of goods and services increases, diminishing the buying power progressively.
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