The downward shift in the short-run aggregate supply curve,from SRAS1 to SRAS2,shown in the diagram may be caused by a fall in the price of 
A) oil and labour only.
B) oil and capital only.
C) oil,labour,and capital only.
D) labour,capital and of an input that is widely used in production only.
E) oil,labour,capital and of an input that is widely used in production.
Correct Answer:
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Q9: The level of a country's potential output
Q10: Q11: The LRAS curve is drawn as a Q12: The short-run aggregate supply curve is a Q13: A country's potential output depends on each Q15: A leftward shift in the LRAS curve Q16: The aggregate demand curve shows that as Q17: Because increases in the price level reduce Q18: The rightward shift in the LRAS curve Q19: The AD-AS model combines
A)
A) a short-run AS
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