Multiple Choice
Refer to the information provided in Figure 11.8 below to answer the questions that follow. Figure 11.8
-Refer to Figure 11.8. This economy cannot continue to produce Y2 (or at Point D) because
A) the price of raw material and wages will decrease shifting the aggregate supply curve to AS2.
B) the price of inputs will increase, shifting the aggregate supply curve to AS1.
C) the price of raw material will decrease, shifting the aggregate demand curve to AD1.
D) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q178: If _ equilibrium output _ , the
Q179: Refer to the information provided in Figure
Q180: Refer to the information provided in Figure
Q181: Refer to the information provided in Figure
Q182: Refer to the information provided in Figure
Q184: When the economy is producing at full
Q185: Refer to the information provided in Figure
Q186: A decrease in the price level raises
Q187: When the _ increases, then potential output
Q188: An increase in the "Z" factors will