menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 10: Aggregate Supply and Aggregate Demand
  5. Question
    -In the Above Figure, the Short-Run Aggregate Supply Curve Is
Solved

-In the Above Figure, the Short-Run Aggregate Supply Curve Is

Question 298

Question 298

Multiple Choice

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


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q105: What are the components of fiscal policy?

Q275: In the short-run, real GDP can be

Q293: In the short run, the intersection of

Q294: Which school of thought believes that real

Q295: If the economy is in long run

Q296: Short-run macroeconomic equilibrium occurs when the quantity

Q297: Which of the following shifts the aggregate

Q302: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above

Q303: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6802/.jpg" alt=" -In the above

Q365: A monetarist economist believes that if the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines