(Figure: Shifting the AD and SRAS) Starting in Long-Run

Multiple Choice

(Figure: Shifting the AD and SRAS) Starting in long-run equilibrium when the aggregate demand curve is AD₀ and the short-run aggregate supply curve is SRAS₀,if there is a supply shock,such as a drastic increase in the price of oil,this will cause _____ and a movement to a short-run equilibrium at point _____.

A) a leftward shift in AD₁;a
B) a rightward shift in AD₁;c
C) a rightward shift in SRAS₂;c
D) a leftward shift in SRAS₂;a