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(Figure: SRAS0) in the Figure, What Will Cause the Shift

Question 1

Multiple Choice

(Figure: SRAS0) In the figure, what will cause the shift from SRAS1 to SRAS2?
(Figure: SRAS0) In the figure, what will cause the shift from SRAS<sub>1</sub> to SRAS<sub>2</sub>? A) higher oil prices B) lower wages C) lower levels of government spending D) increased personal income tax rates


A) higher oil prices
B) lower wages
C) lower levels of government spending
D) increased personal income tax rates

Correct Answer:

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