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Figure 11-4

Question 77

Multiple Choice

Figure 11-4 Figure 11-4   -Refer to Figure 11-4. If a nonintervention policy were adopted in Panel (a) , A)  the aggregate demand curve would have eventually shifted as shown. B)  the short-run aggregate supply curve would have eventually shifted to the left and restored full employment. C)  the short-run aggregate supply curve would have eventually shifted to the right and restored full employment. D)  both the aggregate demand curve and the short-run aggregate supply curve would have eventually shifted to the left.
-Refer to Figure 11-4. If a nonintervention policy were adopted in Panel (a) ,


A) the aggregate demand curve would have eventually shifted as shown.
B) the short-run aggregate supply curve would have eventually shifted to the left and restored full employment.
C) the short-run aggregate supply curve would have eventually shifted to the right and restored full employment.
D) both the aggregate demand curve and the short-run aggregate supply curve would have eventually shifted to the left.

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