If technological change shifts the long-run, Ask an Expert

Economics

If technological change shifts the long-run aggregate-supply curve to the right, it will also do which of the following?

a. It will shift the short-run Phillips curve and the long-run Phillips curve to the right.

b. It will shift the short-run Phillips curve and the long-run Phillips curve to the left.

c. It will shift the short-run aggregate-supply curve to the right and the long-run Phillips curve to the left.

d. It will shift the short-run aggregate-supply curve to the right and leave the long-run Phillips curve unaffected.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91407124

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