Figure 10-12

-In Figure 10-12,which of the following would most likely cause the movement from point E₁ to point e₂ for the United States?
A)a severe drought in agricultural areas
B)a major technological improvement
C)business and consumer pessimism about the future direction of the economy
D)a decrease in the expected inflation rate

Question

Figure 10-12
 
-In Figure 10-12,which of the following would most likely cause the movement from point E₁ to point e₂ for the United States?
A)a severe drought in agricultural areas 
B)a major technological improvement 
C)business and consumer pessimism about the future direction of the economy 
D)a decrease in the expected inflation rate

Quizplus · Accepted Answer

The Answer of Figure 10-12
 
-In Figure 10-12,which of the following would most likely cause the movement from point E₁ to point e₂ for the United States?
A)a severe drought in agricultural areas 
B)a major technological improvement 
C)business and consumer pessimism about the future direction of the economy 
D)a decrease in the expected inflation rate

Figure 10-12 -In Figure 10-12,which of the Following Would Most Likely Cause