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-In the Above Figure, the Short-Run Aggregate Supply Curve Is

question 251

Multiple Choice

  -In the above figure, the short-run aggregate supply curve is SAS<sub>1</sub>. Suppose that the price level in the economy increases. As a result there is A)  an upward movement along SAS<sub>1</sub>. B)  a shift to SAS<sub>2</sub>. C)  a downward movement along SAS<sub>1</sub>. D)  a shift to SAS<sub>0</sub>.
-In the above figure, the short-run aggregate supply curve is SAS1. Suppose that the price level in the economy increases. As a result there is

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