Exhibit 16.3 -Refer to Exhibit 16.3. an Expansionary Monetary Policy and Higher

Multiple Choice

Exhibit 16.3

-Refer to Exhibit 16.3. An expansionary monetary policy and higher wage agreements will eventually cause the short-run aggregate supply curve in to shift _____, intersecting ____ at point _____, the economy's potential output.

A) leftward, AD', a
B) leftward, AD', b
C) leftward, AD', c
D) leftward, A', a
E) leftward, AD, b