Figure 24-1 -In Figure 24.1 the Shift of the Aggregate Supply Curve

question 53

Multiple Choice

Figure 24-1
-In Figure 24.1 the shift of the aggregate supply curve from AS1 to AS2 and the following shift back to AS1 is called ________.

• A) a self-correcting mechanism
• B) a self-fulfilling prophecy
• C) a self-adjusting mechanism
• D) a long-run correcting mechanism

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