Suppose that, from 1985 to 1986, unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent. an explanation of these changes might be that the

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An explanation for the situation when unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent is that aggregate supply curve shifted to the rightWhat is an aggregate supply?An aggregate supply refers to the overall supply of goods and services that is produced within an economy at a price in a period of time.In conclusion, when productivity increases or the price of key inputs falls, the the aggregate supply curve shifts to the right and makes lower inflation, higher output, lower unemployment possible.Read more about aggregate supplybrainly.com/question/24457739

Suppose that, from 1985 to 1986, unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent. an explanation of these changes might be that the

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