Multiple Choice
The figure below shows the aggregate demand and supply curves for the U.S.A rightward shift of the aggregate supply curve from AS to AS' would be caused by:
Figure 5.4
A) an increase in resource prices,improved technology,or an extension of patent protection.
B) a decrease in resource prices,improved technology,or an extension of patent protection.
C) a decrease in resource prices,improved technology,or a shortening of patent protection.
D) an appreciation of the dollar,higher inflation in Europe,or a decrease in resource prices.
E) a depreciation of the dollar,higher inflation in Asia,or improved technology.
Correct Answer:

Verified
Correct Answer:
Verified
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