Multiple Choice
-In the above figure, the short-run aggregate supply curve is SAS1. If the prices of resources fall, there is
A) an upward movement along SAS1.
B) a downward movement along SAS1.
C) a shift to SAS0.
D) a shift to SAS2.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: In the short-run, real GDP can be
Q66: Substitution effects help explain the slope of
Q67: The U.S. exchange rate rises. As a
Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q69: Long-run aggregate supply will decrease for all
Q71: The aggregate demand curve shows<br>A) total expenditures
Q72: In the short-run macroeconomic equilibrium<br>A) real GDP
Q73: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q74: When the economy is at an above-full-employment
Q75: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above