Question 1
Refer to the information provided in Figure 26.4 below to answer the question(s) that follow.


Refer to Figure 26.4. Which of the following causes the economy to move from Point
E to Point
A?
◦ an oil embargo that increases the price of oil
◦ technological progress
◦ stricter immigration enforcement
◦ an increase in the price level
Question 2
Refer to the information provided in Figure 26.4 below to answer the question(s) that follow.


Refer to Figure 26.4. Suppose the economy is at Point
A, a decrease in the price level moves the economy to Point
◦
E.
◦
B.
◦
C.
◦
D.