Figure 3-4

-In Figure 3-4 above,the shift from AP₀ to AP₁ could have been caused by a ________ in T of ________.
A)fall,300
B)fall,180
C)fall,500
D)rise,300
E)rise,500

Question

Figure 3-4
 
-In Figure 3-4 above,the shift from AP₀ to AP₁ could have been caused by a ________ in T of ________.
A)fall,300 
B)fall,180 
C)fall,500 
D)rise,300 
E)rise,500

Quizplus · Accepted Answer

A shift from AP₀ to AP₁ indicates a decrease in aggregate price level, which could be caused by a fall in temperature (T) of 500, as indicated by choice C.

Figure 3-4 -In Figure 3-4 Above,the Shift from AP₀ to AP₁ Could