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Exhibit 10-3 Aggregate Supply and Demand Curves the Shift

Question 32

Multiple Choice

Exhibit 10-3 Aggregate supply and demand curves Exhibit 10-3 Aggregate supply and demand curves The shift from AS<sub>1</sub> to AS<sub>2</sub> in Exhibit 10-3 could be caused by a(n) : A) sudden increase in the price of oil. B) increase in input prices for most firms. C) increase in workers' wages. D) all of these. The shift from AS1 to AS2 in Exhibit 10-3 could be caused by a(n) :


A) sudden increase in the price of oil.
B) increase in input prices for most firms.
C) increase in workers' wages.
D) all of these.

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