menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 10: Aggregate Supply and Aggregate Demand
  5. Question
    -In the Above Figure, the Short-Run Aggregate Supply Curve Is
Solved

-In the Above Figure, the Short-Run Aggregate Supply Curve Is

Question 70

Question 70

Multiple Choice

  -In the above figure, the short-run aggregate supply curve is SAS<sub>1</sub>. If the prices of resources fall, there is A)  an upward movement along SAS<sub>1</sub>. B)  a downward movement along SAS<sub>1</sub>. C)  a shift to SAS<sub>0</sub>. D)  a shift to SAS<sub>2</sub>.
-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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

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

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines