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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Home » Business » 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.