What does a rightward shift in aggregate supply mean?
A
More output is supplied at every price level.
B
Less output is supplied at every price level.
C
Aggregate demand rises at every price level.
D
The general price level rises at every output level.
4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS) Flashcards
20 flashcards on CIE Intl A Level Economics 4.3.9 causes of a shift in the AS curve in the short run (SRAS) and in the long run (LRAS): the key terms and definitions you need to recall.