-Use the aggregate supply/aggregate demand model in Figure 13.4 to answer the following scenario.Nigerian rebels taking over privately owned oil wells would cause the economy to initially move from point __________ to point __________;eventually the economy would return to the steady state at point __________.
A)c;a;b
B)c;d;a
C)a;d;a
D)b;a;c
E)Not enough information is given.

Question

-Use the aggregate supply/aggregate demand model in Figure 13.4 to answer the following scenario.Nigerian rebels taking over privately owned oil wells would cause the economy to initially move from point __________ to point __________;eventually the economy would return to the steady state at point __________.
A)c;a;b 
B)c;d;a 
C)a;d;a 
D)b;a;c 
E)Not enough information is given.

Quizplus · Accepted Answer

The Answer of 
-Use the aggregate supply/aggregate demand model in Figure 13.4 to answer the following scenario.Nigerian rebels taking over privately owned oil wells would cause the economy to initially move from point __________ to point __________;eventually the economy would return to the steady state at point __________.
A)c;a;b 
B)c;d;a 
C)a;d;a 
D)b;a;c 
E)Not enough information is given.

-Use the Aggregate Supply/aggregate Demand Model in Figure 13