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Figure 24-2 -Refer to Figure 24-2. Ceteris Paribus, an Increase in the Increase

Question 230

Multiple Choice

Figure 24-2 Figure 24-2 -Refer to Figure 24-2. Ceteris paribus, an increase in the number of workers and firms adjusting to having previously underestimated the price level would be represented by a movement from A) SRAS<sub>1</sub> to SRAS<sub>2</sub>. B) SRAS<sub>2</sub> to SRAS<sub>1</sub>. C) point A to point B. D) point B to point A.
-Refer to Figure 24-2. Ceteris paribus, an increase in the number of workers and firms adjusting to having previously underestimated the price level would be represented by a movement from


A) SRAS1 to SRAS2.
B) SRAS2 to SRAS1.
C) point A to point B.
D) point B to point A.

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