Figure 33-5. -Refer to Figure 33-5. the Shift of the Short-Run Aggregate-Supply

question 136

Multiple Choice

Figure 33-5.
-Refer to Figure 33-5. The shift of the short-run aggregate-supply curve from SRAS1 to SRAS2

• A) could be caused by an outbreak of war in the Middle East.
• B) could be caused by a decrease in the expected price level.
• C) causes the economy to experience an increase in the unemployment rate.
• D) causes the economy to experience stagflation.

---

Definitions:

Personal Growth

The ongoing process of understanding and developing oneself to achieve one's fullest potential.

Human Behaviour

The range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Structuralism

An early school of psychology that used introspection to explore the elemental structure of the human mind.

Functionalism

A framework in psychology that emphasizes the purpose of mind and behavior in adapting to the environment.