Something That Would Cause the Long-Run Aggregate Supply Curve to Shift

question 126

Multiple Choice

Something that would cause the long-run aggregate supply curve to shift to the right would be the:

• A) unemployment rate decreasing.
• B) discovery of a new oil reserve.
• C) inflation rate decreasing.
• D) The long-run aggregate supply curve is fixed, and does not shift.

---

Definitions:

Improve Things

The act of making something better or more effective through changes or modifications.

Right Now

A phrase indicating the current moment or immediate time, often used to emphasize the urgency or importance of an event or action.

Controlling

In management, this refers to the process of monitoring, assessing, and making necessary adjustments to the plans to ensure that organizational goals are achieved.

Allocating Resources

The process of distributing available resources, such as capital, tools, and personnel, to various projects or units within an organization.