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Figure 35-9

Question 17

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Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram,"Inf Rate" means "Inflation Rate." Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram, Inf Rate  means  Inflation Rate.      -Refer to Figure 35-9.The shift of the aggregate-supply curve from AS<sub>1</sub> to AS<sub>2</sub> could be a consequence of A) an increase in the money supply. B) an adverse supply shock. C) a decrease of output from Y<sub>1</sub> to Y<sub>2</sub>. D) a slow adjustment of people's expectation of the inflation rate. Figure 35-9.The left-hand graph shows a short-run aggregate-supply (SRAS) curve and two aggregate-demand (AD) curves.On the right-hand diagram, Inf Rate  means  Inflation Rate.      -Refer to Figure 35-9.The shift of the aggregate-supply curve from AS<sub>1</sub> to AS<sub>2</sub> could be a consequence of A) an increase in the money supply. B) an adverse supply shock. C) a decrease of output from Y<sub>1</sub> to Y<sub>2</sub>. D) a slow adjustment of people's expectation of the inflation rate.
-Refer to Figure 35-9.The shift of the aggregate-supply curve from AS1 to AS2 could be a consequence of


A) an increase in the money supply.
B) an adverse supply shock.
C) a decrease of output from Y1 to Y2.
D) a slow adjustment of people's expectation of the inflation rate.

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