In the AD-AS (Aggregate Demand-Aggregate Supply) model, the SRAS (Short Run Aggregate Supply) curve will shift to the right under certain conditions. This shift represents an increase in the total quantity of goods and services supplied at each price level.

A. A decrease in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely decrease aggregate demand as consumers are less confident and therefore less likely to spend money.

B. A technological breakthrough: This will shift the SRAS curve to the right. A technological breakthrough can increase productivity, allowing more goods and services to be produced at each price level.

C. An increase in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely increase aggregate demand as consumers are more confident and therefore more likely to spend money.

D. An increase in production costs: This will not shift the SRAS curve to the right. Instead, it will likely shift the SRAS curve to the left as it becomes more expensive to produce goods and services.

Therefore, the correct answer is B. A technological breakthrough.

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In the AD-AS (Aggregate Demand-Aggregate Supply) model, the SRAS (Short Run Aggregate Supply) curve will shift to the right under certain conditions. This shift represents an increase in the total quantity of goods and services supplied at each price level.

A. A decrease in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely decrease aggregate demand as consumers are less confident and therefore less likely to spend money.

B. A technological breakthrough: This will shift the SRAS curve to the right. A technological breakthrough can increase productivity, allowing more goods and services to be produced at each price level.

C. An increase in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely increase aggregate demand as consumers are more confident and therefore more likely to spend money.

D. An increase in production costs: This will not shift the SRAS curve to the right. Instead, it will likely shift the SRAS curve to the left as it becomes more expensive to produce goods and services.

Therefore, the correct answer is B. A technological breakthrough.

Knowee AI · Accepted Answer

In the AD-AS (Aggregate Demand-Aggregate Supply) model, the SRAS (Short Run Aggregate Supply) curve will shift to the right under certain conditions. This shift represents an increase in the total quantity of goods and services supplied at each price level.

A. A decrease in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely decrease aggregate demand as consumers are less confident and therefore less likely to spend money.

B. A technological breakthrough: This will shift the SRAS curve to the right. A technological breakthrough can increase productivity, allowing more goods and services to be produced at each price level.

C. An increase in consumer confidence: This will not shift the SRAS curve to the right. Instead, it will likely increase aggregate demand as consumers are more confident and therefore more likely to spend money.

D. An increase in production costs: This will not shift the SRAS curve to the right. Instead, it will likely shift the SRAS curve to the left as it becomes more expensive to produce goods and services.

Therefore, the correct answer is B. A technological breakthrough.

In the AD-AS model, which condition will shift the SRAS curve to the right?A.A decrease in consumer confidence.B.A technological breakthrough.C.An increase in consumer confidence.D.An increase in production costs.SUBMIT ANSWER

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