Refer to the Information Provided in Figure 26

Multiple Choice

Refer to the information provided in Figure 26.8 below to answer the question(s) that follow. Figure 26.8
-Refer to Figure 26.8. If the economy is currently at Point B producing output level Y₁

A) the economy is operating above full employment.
B) input prices are likely to rise.
C) aggregate supply shifts to the left and the economy ends up at Point C.
D) all of the above.