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Figure 10-3 In Figure 10-3, We Would Expect the Aggregate Supply Curve

Question 135

Multiple Choice

Figure 10-3
Figure 10-3 In Figure 10-3, we would expect the aggregate supply curve in graph (b) to eventually A) shift to the right, eliminating the recessionary gap. B) shift to the left, eliminating the inflationary gap. C) become steeper in the upper portion, eliminating the inflationary gap. D) become flatter in the upper portion, eliminating the recessionary gap.
In Figure 10-3, we would expect the aggregate supply curve in graph (b) to eventually


A) shift to the right, eliminating the recessionary gap.
B) shift to the left, eliminating the inflationary gap.
C) become steeper in the upper portion, eliminating the inflationary gap.
D) become flatter in the upper portion, eliminating the recessionary gap.

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