The long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
The aggregate supply curve is a graphical representation that makes reference to all processes that add value to the productive chain.
The aggregate supply curve is mainly influenced by technological inputs that increase productivity.
In conclusion, the long-run aggregate supply curve will shift to the right if a given economy experiences technological advancements.
Learn more about the aggregate supply curve here:
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