Refer to the information provided in Figure 28.7 below to answer ...

[Jipu 123]

Question 1

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. Suppose the economy is at Point 
C. What can possibly move the economy to Point 
D?

◦ a leftward shift in the 
AD curve
◦ a rightward shift in the 
AD curve
◦ a leftward shift in the 
AS curve
◦ a rightward shift in the 
AS curve

Question 2

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. Which combinations of events could move the economy from Point 
A to Point 
C, and then from Point 
C to Point 
D?

◦ a contractionary fiscal policy followed by a leftward shift in the 
AS curve
◦ a contractionary fiscal policy followed by a rightward shift in the 
AS curve
◦ an expansionary fiscal policy followed by a leftward shift in the 
AS curve
◦ an expansionary fiscal policy followed by a rightward shift in the 
AS curve

[ntsoane kedibone]

Answer 1

a leftward shift in the 
AS curve

Answer 2

an expansionary fiscal policy followed by a leftward shift in the 
AS curve

[rayancarla1]

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. Which combinations of events could move the economy from Point 
A to Point 
B, and then from Point 
B to Point 
E?

◦ a contractionary monetary policy followed by a leftward shift in the 
AS curve
◦ a contractionary monetary policy followed by a rightward shift in the 
AS curve
◦ an expansionary fiscal policy followed by a leftward shift in the 
AS curve
◦ an expansionary fiscal policy followed by a rightward shift in the 
AS curve

[meryzewe]

a contractionary monetary policy followed by a rightward shift in the 
AS curve

[rayancarla1]

Excellent

[meryzewe]

Great! Please up vote

[EAugust]

Question 1

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. If the economy is at Point 
A, a sudden increase in the price of oil without any change in the aggregate demand shifts the short-run Phillips curve (
SRPC) from

◦ SRPC
₁ to 
SRPC
₂.
◦ SRPC
₁ to 
SRPC
₃.
◦ SRPC
₂ to 
SRPC
₁.
◦ SRPC
₃ to 
SRPC
₁.

Question 2

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. If the economy is at Point 
B, the cost of raw material decreased dramatically, and the aggregate demand did not change, the economy could move to Point

◦ A.
◦ E.
◦ C.
◦ D.

[fatboyy09]

Answer 1

SRPC
₁ to 
SRPC
₂.

Answer 2

E.

[karen]

Question 1

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. Suppose the economy is at Point 
A, and the cost of inputs is fixed. An increase in government spending could move the economy to Point

◦ E.
◦ B.
◦ C.
◦ D.

Question 2

Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.








Refer to Figure 28.7. The natural rate of unemployment occurs at

◦ U
₀.
◦ U
₁.
◦ U
₂.
◦ a level of zero unemployment.

[Pamela.irrgang@yahoo.com]

Answer 1

C.

Answer 2

U
₁.