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-In the Figure Above, a ________ Supply Shock Will Shift

Question 47

Multiple Choice

-In the figure above, a ________ supply shock will shift the aggregate supply curve to AS<sub>2</sub> and the economy will return to the long run equilibrium at point ________. A) negative; 1 B) negative; 3 C) positive; 1 D) positive; 3
-In the figure above, a ________ supply shock will shift the aggregate supply curve to AS2 and the economy will return to the long run equilibrium at point ________.


A) negative; 1
B) negative; 3
C) positive; 1
D) positive; 3

Correct Answer:

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