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

question 79

Multiple Choice

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.

---

Definitions:

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed.

Discount Period

A specific time frame during which a reduced price or rate is offered to encourage purchases or investments.

Credit Price

The cost associated with borrowing money or purchasing goods and services on credit, including interest and fees.

Discount Percent

The percentage by which the price of an item is reduced from its original price.