Figure 33-5. -Refer to Figure 33-5.The Shift of the Short-Run Aggregate-Supply Curve

Multiple Choice

Figure 33-5.
-Refer to Figure 33-5.The shift of the short-run aggregate-supply curve from SRAS₁ to SRAS₂

A) could be caused by an outbreak of war in the Middle East.
B) could be caused by a decrease in the expected price level.
C) causes the economy to experience an increase in the unemployment rate.
D) causes the economy to experience stagflation.