Solved

Figure 8-2 -In Figure 8-2,assume That B Is the Current Long-Run Aggregate

Question 115

Multiple Choice

Figure 8-2 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.
-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:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions