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Figure 9.5 -Refer to Figure 9.5. Suppose the Economy Is a Point

Question 152

Multiple Choice

Figure 9.5 -Refer to Figure 9.5. Suppose the economy is a point B. A large in the price of crude oil leads to a shift from _______ to _______. A) increase; AS<sup>1</sup>; AS<sup>0</sup><sup> </sup> B) increase; AS<sup>1</sup>; AS<sup>2</sup> C) decrease; AS<sup>2</sup>; AS<sup>1</sup><sup> </sup> D) increase; AS<sup>2</sup>; AS<sup>1</sup>
Figure 9.5
-Refer to Figure 9.5. Suppose the economy is a point B. A large in the price of crude oil leads to a shift from _______ to _______.


A) increase; AS1; AS0
B) increase; AS1; AS2
C) decrease; AS2; AS1
D) increase; AS2; AS1

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