FIGURE 23-2
-Refer to Figure 23-2.Which of the following events could cause the upward shift of the AS curve?
A)improvements in communications technology
B)a decrease in business confidence that reduces desired investment
C)a recession in the U.S.that reduces our net exports
D)a major discovery of new oil reserves that will increase the world supply
E)a massive drought that reduces agricultural output

Question

FIGURE 23-2
-Refer to Figure 23-2.Which of the following events could cause the upward shift of the AS curve?
A)improvements in communications technology 
B)a decrease in business confidence that reduces desired investment 
C)a recession in the U.S.that reduces our net exports 
D)a major discovery of new oil reserves that will increase the world supply 
E)a massive drought that reduces agricultural output

Quizplus · Accepted Answer

The Answer of  FIGURE 23-2
-Refer to Figure 23-2.Which of the following events could cause the upward shift of the AS curve?
A)improvements in communications technology 
B)a decrease in business confidence that reduces desired investment 
C)a recession in the U.S.that reduces our net exports 
D)a major discovery of new oil reserves that will increase the world supply 
E)a massive drought that reduces agricultural output

FIGURE 23-2 -Refer to Figure 23-2.Which of the Following Events Could Cause