Multiple Choice
Refer to the following figure to answer the next questions.
-Based on the figure, if the economy starts at point A and ends up at point E, then in the short run, there was an)
A) decrease in aggregate demand.
B) increase in aggregate demand.
C) decrease in short-run aggregate supply.
D) increase in short-run aggregate supply.
E) increase in long-run aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: When a change in the price level
Q21: The slope of the short-run aggregate supply
Q54: An increase in short-run aggregate supply immediately
Q82: An increase in the minimum wage leads
Q86: In the long run,a technological advance that
Q103: A fall in the price level that
Q114: Suppose new drilling techniques increase the world
Q120: An increase in long-run aggregate supply can
Q122: Refer to the following figure to answer
Q137: Which of the following would cause an