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Refer to the Information Provided in Figure 12

Question 29

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Refer to the information provided in Figure 12.3 below to answer the questions that follow.
Refer to the information provided in Figure 12.3 below to answer the questions that follow.    Figure 12.3 -Refer to Figure 12.3.A decrease in aggregate supply is represented by A) a movement from Point B to Point A along AS<sub>1</sub>. B) a movement from Point B to Point C along AS<sub>1</sub>. C) a shift from AS<sub>1</sub> to AS<sub>2</sub>. D) a shift from AS<sub>1</sub> to AS<sub>0</sub>. Figure 12.3
-Refer to Figure 12.3.A decrease in aggregate supply is represented by


A) a movement from Point B to Point A along AS1.
B) a movement from Point B to Point C along AS1.
C) a shift from AS1 to AS2.
D) a shift from AS1 to AS0.

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