Solved

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

Question 145

Multiple Choice

-In the above figure, the short- run aggregate supply curve is SAS<sub>1</sub>. If technology advances, there is A) a downward movement along SAS<sub>1</sub>. B) a shift to SAS<sub>0</sub>. C) an upward 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 technology advances, there is


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

Q140: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the figure

Q141: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the above

Q142: Which of the following events will increase

Q143: _ economists believe that active help from

Q144: Which of the following events will increase

Q146: All of the following shift the LAS

Q147: The intertemporal substitution effect refers to the

Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4951/.jpg" alt=" -In the above

Q149: One reason that the aggregate demand curve

Q150: Technological progress will<br>A)shift the SAS curve rightward