Starting with AD₁ and AS1 in the graph below, if resources become more productive:
Graph 14-2 
A) equilibrium in the economy moves from point c to point b
B) equilibrium in the economy moves from point b to point c
C) equilibrium in the economy moves from point c to point d
D) equilibrium in the economy moves from point d to point c
E) equilibrium in the economy moves from point c to point a
Correct Answer:
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Q55: A fall in the price level causes
Q56: The Pigou effect implies that:
A)when the price
Q57: The aggregate-supply curve is vertical in the
Q58: Mundell-Fleming's effect implies that a currency depreciation:
A)increases
Q59: The long-run aggregate supply is called:
A)potential output
B)full-employment
Q61: The aggregate supply curve shows the relationship
Q62: Aggregate demand is negatively related to interest
Q63: Write each of the following words
Q64: As long as aggregate supply remains constant,
Q65: If there is an excess demand situation
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