Multiple Choice
Use the figure below to answer the following question(s) .
Figure 10-10
-Given the aggregate demand and aggregate supply conditions depicted in Figure 10-10, which of the following will tend to occur?
A) an increase in resource prices, which will shift SRAS to the left
B) a decrease in resource prices, which will shift SRAS to the left
C) an increase in the real rate of interest, which will shift aggregate demand to the left
D) a decrease in the real rate of interest, which will shift aggregate demand to the left
E) Both b and c are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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