Use the Following to Answer Questions

question 167

Multiple Choice

Use the following to answer questions .
Exhibit: Economic Adjustments
-(Exhibit: Economic Adjustments) If the economy is at point c, an open market purchase would cause

• A) a shift of the short run aggregate supply curve from AS₁ to AS₂.
• B) a shift of the short run aggregate supply curve from AS₂ to AS₁.
• C) a shift of the aggregate demand curve from AD₁ to AD₂.
• D) a shift of the aggregate demand curve from AD₂ to AD₁.

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