- Refer to Figure 16.3.A shift from AS₂ to AS₃ could be caused by A)A decrease in immigration restrictions. B)Tougher FDA standards. C)An increase in the minimum wage.

Name: - Refer to Figure 16.3.A shift from AS 2 to AS 3 could be caused by A)A decrease in immigration restrictions. B)Tougher FDA standards. C)An increase in the minimum wage.
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Quizplus · Accepted Answer

A decrease in immigration restrictions can increase the labor supply, leading to a rightward shift in the aggregate supply curve from AS2 to AS3.