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    Business
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    Money Banking
  4. Exam
    Exam 23: Aggregate Demand and Supply Analysis
  5. Question
    -In the Figure Above, the Shift of the Aggregate Supply
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-In the Figure Above, the Shift of the Aggregate Supply

Question 2

Question 2

Multiple Choice

  -In the figure above, the shift of the aggregate supply curve from AS<sub>1</sub> to AS<sub>2</sub> and the following shift back to AS<sub>1</sub> is called ________. A)  a self-correcting mechanism B)  a self-fulfilling prophecy C)  a self-adjusting mechanism D)  a long-run correcting mechanism
-In the figure above, the shift of the aggregate supply curve from AS1 to AS2 and the following shift back to AS1 is called ________.


A) a self-correcting mechanism
B) a self-fulfilling prophecy
C) a self-adjusting mechanism
D) a long-run correcting mechanism

Correct Answer:

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