If technological change shifts the long-run


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.

Request for Solution File

Ask an Expert for Answer!!
Business Economics: If technological change shifts the long-run
Reference No:- TGS01117529

Expected delivery within 24 Hours