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Prices of Rubber and Steel (Inputs in the Production Process)

Question 129

Multiple Choice

Prices of rubber and steel (inputs in the production process) rise in the world markets. Ceteris paribus, which of the graphs shows the correct effect on the AD-AS framework in countries that import rubber and steel?


A)
Prices of rubber and steel (inputs in the production process) rise in the world markets. Ceteris paribus, which of the graphs shows the correct effect on the AD-AS framework in countries that import rubber and steel? A) B) C) D)
B)
Prices of rubber and steel (inputs in the production process) rise in the world markets. Ceteris paribus, which of the graphs shows the correct effect on the AD-AS framework in countries that import rubber and steel? A) B) C) D)
C)
Prices of rubber and steel (inputs in the production process) rise in the world markets. Ceteris paribus, which of the graphs shows the correct effect on the AD-AS framework in countries that import rubber and steel? A) B) C) D)
D)
Prices of rubber and steel (inputs in the production process) rise in the world markets. Ceteris paribus, which of the graphs shows the correct effect on the AD-AS framework in countries that import rubber and steel? A) B) C) D)

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