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

question 177

Multiple Choice

-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

• A) an upward movement along SAS₁.
• B) a downward movement along SAS₁.
• C) a shift to SAS₀.
• D) a shift to SAS₂.

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The fact of being, presence, or reality of something, often used in various contexts to refer to the presence or occurrence of life, entities, or objects.

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