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    Macroeconomics Study Set 40
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    Exam 10: Aggregate Supply and Aggregate Demand
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    -In the Above Figure, the Short- Run Aggregate Supply Curve
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-In the Above Figure, the Short- Run Aggregate Supply Curve

Question 330

Question 330

Multiple Choice

  -In the above figure, the short- run aggregate supply curve is SAS<sub>1</sub>. If the level of technology in the economy increases, there is A)  a shift to SAS<sub>2</sub>. B)  an upward movement along SAS<sub>1</sub>. C)  a shift to SAS<sub>0</sub>. D)  a downward movement along SAS<sub>1</sub>.
-In the above figure, the short- run aggregate supply curve is SAS1. If the level of technology in the economy increases, there is


A) a shift to SAS2.
B) an upward movement along SAS1.
C) a shift to SAS0.
D) a downward movement along SAS1.

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