Multiple Choice
Figure 33-3
-Refer to Figure 33-3. The shift of the short-run aggregate-supply curve from SRAS2 to SRAS1
A) could be caused by a decrease in the expected price level.
B) could be caused by an outbreak of war in the Middle East.
C) causes the economy to experience a decrease in the unemployment rate.
D) causes the economy to experience a drop in the price level.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Other things the same, technological progress raises
Q8: Figure 33-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 33-4
Q9: "Money is a veil" best describes<br>A)the general
Q10: Briefly state the three key facts about
Q11: Scenario 33-2<br>Imagine that in the current year
Q13: What curve shows the quantity of goods
Q14: Figure 33-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 33-6
Q15: A recession with inflation is know by
Q16: Suppose workers notice a fall in their
Q17: If aggregate demand and aggregate supply both