Figure 14-1
-Refer to Figure 14-1. A movement from point s to point t on curve B is likely to cause the economy to shift from

Question

Figure 14-1 
-Refer to Figure 14-1. A movement from point s to point t on curve B is likely to cause the economy to shift from

Quizplus · Accepted Answer

Moving from point s to point t on curve B represents an increase in both price and quantity, indicating a shift to a higher level of economic activity. This shift would likely cause the economy to shift from curve B to curve C, which represents a higher level of output and employment.

Figure 14-1 -Refer to Figure 14-1. a Movement from Point S to Point