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From the list below, choose ONE answer that best describes what would occur INITIALLY in the followingAD (aggregate demand)AS (aggregate supply). Labour productivity rises, resulting
From the list below, choose ONE answer that best describes what would occur INITIALLY in the followingAD (aggregate demand)AS (aggregate supply)".
Labour productivity rises, resulting in lower unit costs of production.
Move to the left (up) along the AD curve
Move to the right (up) along the AS curve
Move to the left (down) along the AS curve
Shift to the right of the AD curve
Shift to the left of the AS curve
Shift to the right of the AS curve
Move to the right (down) along the AD curve
Shift to the left of the AD curve
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