Refer to the Graph Shown

question 177

Multiple Choice

Refer to the graph shown. If the price level is P₀ the:

• A)short-run aggregate supply curve will shift up (to the left)in the long run to restore equilibrium.
• B)short-run aggregate supply curve will shift down (to the right)in the long run to restore equilibrium.
• C)aggregate demand curve will shift up in the long run to restore equilibrium.
• D)aggregate demand curve will shift down in the long run to restore equilibrium.

---

Definitions:

Develop Visuals

The act of creating visual elements like charts, diagrams, or images to aid in communication, learning, or presentation.

Memorize Speech

The practice of learning a speech so well that it can be recited without needing to read the text.

Ask A Question

The act of inquiring or requesting information about a specific topic or subject.

Practice

The repeated exercise of an activity or skill to acquire or maintain proficiency in it.