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Economic growth can be illustrated in the AD/AS framework through __________.

A. a shift of the short-run aggregate supply curve to the right
B. a shift of aggregate demand curve to the left
C. a shift of long-run aggregate supply curve to the right
D. a shift of short-run aggregate supply curve to the left

Respuesta :

enobongstanley21

Answer:

C. a shift of long-run aggregate supply curve to the right

Explanation:

In the AD/AS diagram, long-run economic growth due to productivity increases over time will be represented by a gradual shift to the right of aggregate supply. In the short run, GDP falls and rises in every economy, as the economy falls into or expands out of recession

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