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Refer to the Graphs AD2A D _ { 2 } And AS Intersect
in Graph 1, and Also Assume That

Question 197

Multiple Choice

   Refer to the graphs. Assume that the economy is initially at equilibrium where AD  A D _ { 2 }  and AS intersect In Graph 1, and also assume that the economy is initially at point C in Graph 2. A movement from Point C to point B in graph 2 would most likely be associated, in graph 1, with a shift of A)  AD to the right. B)  AD to the left. C)  AS to the right. D)  AS to the left. Refer to the graphs. Assume that the economy is initially at equilibrium where AD AD2A D _ { 2 } and AS intersect
In Graph 1, and also assume that the economy is initially at point C in Graph 2. A movement from
Point C to point B in graph 2 would most likely be associated, in graph 1, with a shift of


A) AD to the right.
B) AD to the left.
C) AS to the right.
D) AS to the left.

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