The Figure Below Shows the Aggregate Demand and Supply Curves

question 105

Multiple Choice

The figure below shows the aggregate demand and supply curves for the U.S.A rightward shift of the aggregate supply curve from AS to AS' would be caused by:​ ​
Figure 5.4
​

• A)an increase in resource prices,improved technology,or an extension of patent protection.
• B)a decrease in resource prices,improved technology,or an extension of patent protection.
• C)a decrease in resource prices,improved technology,or a shortening of patent protection.
• D)an appreciation of the dollar,higher inflation in Europe,or a decrease in resource prices.
• E)a depreciation of the dollar,higher inflation in Asia,or improved technology.

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Definitions:

Resistant

The quality of being opposed to or defending against something, such as change, disease, or certain materials and substances.

Ideas

Mental concepts or thoughts that represent a person's understanding or imagination, which can be the basis for creativity, problem-solving, and innovation.

Constructive

Describes feedback or criticism that is intended to be helpful and aimed at improving or building upon something.

Teamwork

The collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way.