In an aggregate demand and supply graph, a shift of the aggregate supply curve to the right indicates that the economy is likely experiencing an increase in overall prices and a decrease in output.

A rightward shift of the aggregate supply curve means that the total amount of goods and services produced in the economy has increased. This usually happens when there are improvements in technology or an increase in resources, making it cheaper or easier to produce. When the supply of goods goes up, it can lead to lower prices because there is more available for consumers to buy. For example, if a new technology allows farmers to grow crops more efficiently, the supply of food increases, which can lower food prices while increasing overall output. So, in this case, we would see a boost in the economy, with more products available and potentially lower prices for consumers.