Use the Figure Below to Answer the Following Question(s)

question 23

Multiple Choice

Use the figure below to answer the following question(s) .
Figure 11-2

-Refer to Figure 11-2.When the economy is operating at point a,reliance on the self-correcting mechanism will

• A)result in higher resource prices and a shift to the left in the SRAS curve.
• B)result in lower resource prices and a shift to the right in the SRAS curve.
• C)lead to lower interest rates and a shift to the right in the AD curve.
• D)lead to higher interest rates and a shift to the left in the AD curve.
• E)do both a and d.

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