Question

In: Economics

If the aggregate supply curve shifts to the right, the ________curve shifts to the _______....

If the aggregate supply curve shifts to the right, the ________ curve shifts to the _______.

Multiple Choice:

aggregate demand

left Phillips

left aggregate demand right

Phillips; right

Solutions

Expert Solution

When the aggregate supply curve shifts it's right then the forms hire more number of employees that is the increase in employment level. This will shift the Phillips curve to the left.

If the aggregate supply curve shifts to the right, the Phillips curve shifts to the left.

Rahul Sunny answered 2 years ago
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