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Refer to the Information Provided in Figure 26

Question 83

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Refer to the information provided in Figure 26.3 below to answer the question(s) that follow. Refer to the information provided in Figure 26.3 below to answer the question(s)  that follow.   Figure 26.3 -Refer to Figure 26.3. The increased use of hydraulic fracturing, or fracking, in North Texas has significantly reduced energy prices across the country. This fracking would cause A)  the short-run aggregate supply curve to shift from AS<sub>1</sub> to AS<sub>2</sub>. B)  the short-run aggregate supply curve to shift from AS<sub>1</sub> to AS<sub>0</sub>. C)  the economy to move from Point B to Point A along AS<sub>1</sub>. D)  the economy to move from Point C to Point B along AS<sub>1</sub>. Figure 26.3
-Refer to Figure 26.3. The increased use of hydraulic fracturing, or fracking, in North Texas has significantly reduced energy prices across the country. This fracking would cause


A) the short-run aggregate supply curve to shift from AS1 to AS2.
B) the short-run aggregate supply curve to shift from AS1 to AS0.
C) the economy to move from Point B to Point A along AS1.
D) the economy to move from Point C to Point B along AS1.

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