-In the Above Figure AD₁ and AS₁ Represent the Original

question 146

Multiple Choice

-In the above figure AD₁ and AS₁ represent the original aggregate supply and demand curves and AD₂ and AS₂ show the new aggregate demand and supply curves.The change in aggregate supply from AS ₁ to AS₂ could be caused by:

• A) a reduction in the price level.
• B) the increased availability of entrepreneurial talent.
• C) an increase in business taxes.
• D) the real balances,interest-rate,and foreign trade effects.

---

Definitions:

Introduction

The beginning section of a document or speech that outlines the purpose and objectives.

Letter Reports

Formal reports presented in a letter format, typically concise and focused on a specific topic or outcome.

Subject Line

The title or heading of an email, indicating its content or purpose, and designed to capture the recipient’s attention and encourage them to open the message.

Direct Order

A clear, unequivocal command or instruction given, usually in a context where obedience is expected.