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

Question 38

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. If the government Implements a contractionary or restrictive policy, it would make the economy in graph 2 A)  move from point C to point B. B)  move from point C to point A. C)  move from point C to point D. D)  remain at point C. 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. If the government
Implements a contractionary or restrictive policy, it would make the economy in graph 2


A) move from point C to point B.
B) move from point C to point A.
C) move from point C to point D.
D) remain at point C.

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