Multiple Choice
Figure 9-1
-Refer to Figure 9-1.What would a shift from SRAS₀ to SRAS₁ result in?
A) a decrease in unemployment in the short run
B) an increase in real gross domestic product in the short run
C) an increase in the price level in the short run
D) demand-pull inflation
Correct Answer:

Verified
Correct Answer:
Verified
Q12: When SRAS and AD intersect at the
Q13: The long-run level of real GDP changes
Q14: Which of the following changes would shift
Q15: If there was no profit effect,but there
Q16: Figure 9-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5766/.jpg" alt="Figure 9-4
Q18: Which of the following could begin an
Q19: What effect will the combination of a
Q20: What impact will a temporary increase in
Q21: If wages increase 10 percent while worker
Q22: How will a temporary adverse supply shock