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question 187

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Use the following to answer questions
Figure: Determining SRAS Shifts Use the following to answer questions  Figure: Determining SRAS Shifts   -(Figure: Determining SRAS Shifts) If there is a decrease in input prices,the short-run aggregate supply curve will shift from SRAS<sub>0</sub> to _____ and the price level will become _____. A)  SRAS<sub>1</sub>;P<sub>0</sub> B)  SRAS<sub>1</sub>;P<sub>1</sub> C)  SRAS<sub>2</sub>;P<sub>1</sub> D)  SRAS<sub>2</sub>;P<sub>2</sub>
-(Figure: Determining SRAS Shifts) If there is a decrease in input prices,the short-run aggregate supply curve will shift from SRAS0 to _____ and the price level will become _____.


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