Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A) The long-run aggregate supply curve can never shift to the left.
• B) The long-run aggregate supply curve can never shift to the right.
• C) The long-run aggregate supply curve can shift to both the left and the right.
• D) The long-run aggregate supply curve always stays in the same location because potential real GDP cannot change.
• E) New technologies affect only the short-run aggregate supply curve, not the long-run aggregate supply curve.

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