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Refer to the Graph Shown

Question 57

Multiple Choice

Refer to the graph shown.According to the globalized AS/AD model, which best represents to the world aggregate supply and trade in the 2000s? Refer to the graph shown.According to the globalized AS/AD model, which best represents to the world aggregate supply and trade in the 2000s?   A) WAS<sub>0</sub> and the United States had a large trade surplus. B) WAS<sub>1</sub> and the United States had a small trade deficit. C) WAS<sub>2</sub> and the United States had a small trade surplus. D) WAS<sub>3</sub> and the United States had a large trade deficit.


A) WAS0 and the United States had a large trade surplus.
B) WAS1 and the United States had a small trade deficit.
C) WAS2 and the United States had a small trade surplus.
D) WAS3 and the United States had a large trade deficit.

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