Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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