Multiple Choice
Refer to the information provided in Figure 12.8 below to answer the questions that follow. Figure 12.8
-Refer to Figure 12.8.This economy cannot continue to produce Y1 (or at point B) because
A) the price of raw material and wages will increase shifting the aggregate supply curve to AS1.
B) the price of inputs will decrease,shifting the aggregate supply curve to AS2.
C) the price of raw material will increase,shifting the aggregate demand curve to AD2.
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
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