Multiple Choice
Use the figure below to answer the following question.
Figure 10.3.4
-Refer to Figure 10.3.4.The shifts of the SAS and AD curves
A) cause a proportionate increase in long run aggregate supply.
B) increase real GDP.
C) create an above full- employment equilibrium.
D) lead to a recessionary gap.
E) lead to an inflationary gap.
Correct Answer:

Verified
Correct Answer:
Verified
Q101: The short- run aggregate supply curve indicates<br>A)the
Q102: Which of the following news quotes best
Q103: Canadian businesses expect future profits to rise.Starting
Q104: An increase in oil prices to a
Q105: Use the figure below to answer the
Q107: Everything else remaining the same, which one
Q108: Which one of the following newspaper quotations
Q109: Which one of the following shifts the
Q110: The Canadian government increases its expenditure on
Q111: Everything else remaining the same, the short-