Multiple Choice
Figure 8-2
-In Figure 8-2,assume that B is the current long-run aggregate supply curve and that E is the current short-run aggregate supply curve.If there were a discovery of large oil fields in Manitoba,where no one thought oil fields existed,then we could expect the long-run aggregate supply curve and the short-run aggregate supply curve to
A) remain B and E.
B) move to A and D.
C) move to C and F.
D) move to A and F.
Correct Answer:

Verified
Correct Answer:
Verified
Q105: Figure 8-4 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4981/.jpg" alt="Figure 8-4
Q106: The effect of a positive demand shock
Q107: As the price level increases,the _ becomes
Q108: What is the affect of a rise
Q109: If our economy is growing at a
Q110: The _ represents the relationship between the
Q111: An increase in the labour force while
Q112: An increase in _ would cause the
Q113: An aggregate demand shock is generally referred
Q114: A short-run equilibrium occurs<br>A)at the intersection of