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30 August, 16:27

An economy has experienced a rightward shift of its long-run aggregate supply curve and is now producing on that new long-run aggregate supply curve.

It is reasonable to expect that:

A. productivity has fallen.

B. the price level has risen.

C. the inflation rate has risen.

D. the cyclical unemployment rate has been unaffected.

E. the cyclical unemployment rate has fallen.

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Answers (1)
  1. 30 August, 17:23
    0
    The answer is letter D.

    Explanation:

    It is reasonable to expect that the cyclical unemployment rate has been unaffected.
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