Multiple Choice
-In the above figure, B is the current long-run aggregate supply curve and E is the current short-run aggregate supply curve. Technological advances mean the long-run aggregate supply curve and short-run aggregate supply curve
A) remain B and E.
B) shift to A and D, respectively.
C) shift to C and F, respectively.
D) shift to C and remain E, respectively.
Correct Answer:

Verified
Correct Answer:
Verified
Q29: Suppose the current situation is such that
Q66: Substitution effects help explain the slope of
Q77: Which of the following shifts the aggregate
Q95: Economic growth in India has averaged about
Q224: An economy is at full employment. Which
Q258: Inflation occurs over time as a result
Q291: One reason that the aggregate demand curve
Q312: Explain the relationship of the long-run aggregate
Q386: There are several reasons why the aggregate
Q403: A decrease in government transfer payments<br>A) increases