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Exhibit 10-3 Aggregate Supply and Demand Curves a Shift

Question 15

Multiple Choice

Exhibit 10-3 Aggregate supply and demand curves Exhibit 10-3 Aggregate supply and demand curves   A shift in the aggregate supply curve in Exhibit 10-3 from AS<sub>1</sub> to AS<sub>2</sub> would be caused by a(n) : A) increase in consumer spending. B) increase in input prices. C) decrease in input prices. D) decrease in real output. A shift in the aggregate supply curve in Exhibit 10-3 from AS1 to AS2 would be caused by a(n) :


A) increase in consumer spending.
B) increase in input prices.
C) decrease in input prices.
D) decrease in real output.

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