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Figure 35-9

question 40

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Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram,"Inf Rate" means "Inflation Rate." Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram, Inf Rate  means  Inflation Rate.      -Refer to Figure 35-9.Which of the following events could explain the shift of the aggregate-supply curve from AS<sub>1</sub> to AS<sub>2</sub>? A) a reduction in firms' costs of production B) a reduction in taxes on consumers C) an increase in the price level D) an increase in the world price of oil Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram, Inf Rate  means  Inflation Rate.      -Refer to Figure 35-9.Which of the following events could explain the shift of the aggregate-supply curve from AS<sub>1</sub> to AS<sub>2</sub>? A) a reduction in firms' costs of production B) a reduction in taxes on consumers C) an increase in the price level D) an increase in the world price of oil
-Refer to Figure 35-9.Which of the following events could explain the shift of the aggregate-supply curve from AS1 to AS2?

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