Multiple Choice
Figure 15-2.
-Refer to Figure 15-2. The shift of the short-run aggregate-supply curve from AS1 to AS2
A) could be caused by an outbreak of war in the Middle East.
B) could be caused by a decrease in the expected price level.
C) causes the economy to experience an increase in the unemployment rate.
D) causes the economy to experience stagflation.
Correct Answer:

Verified
Correct Answer:
Verified
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