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    Exam 23: Aggregate Demand and Supply Analysis
  5. Question
    -In the Figure Above, at Point 2, the Shift of the Aggregate
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-In the Figure Above, at Point 2, the Shift of the Aggregate

Question 73

Question 73

Multiple Choice

  -In the figure above, at point 2, the shift of the aggregate supply curve from AS1 to AS2 is a result of ________ wages that ________ production cost. A)  increasing; increase B)  increasing; reduce C)  decreasing; decrease D)  decreasing; increase
-In the figure above, at point 2, the shift of the aggregate supply curve from AS1 to AS2 is a result of ________ wages that ________ production cost.


A) increasing; increase
B) increasing; reduce
C) decreasing; decrease
D) decreasing; increase

Correct Answer:

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