Refer to the following figure when answering the following questions.
Figure 13.3: Aggregate Supply Curve
-Consider Figure 13.3. Over the past few years the "Arab Spring" has caused radical political and economic changes, particularly in Syria, Egypt, and Libya. These events can be characterized in the aggregate supply curve as a movement from point ________ to point ________.
A) d; a
B) c; a
C) a; d
D) e; b
E) c; b

Question

Refer to the following figure when answering the following questions.
Figure 13.3: Aggregate Supply Curve 
-Consider Figure 13.3. Over the past few years the "Arab Spring" has caused radical political and economic changes, particularly in Syria, Egypt, and Libya. These events can be characterized in the aggregate supply curve as a movement from point ________ to point ________.
A) d; a 
B) c; a 
C) a; d 
D) e; b 
E) c; b

Quizplus · Accepted Answer

The Arab Spring led to political instability and economic disruptions, which typically shift the aggregate supply curve to the left, indicating a movement from a higher output point (d) to a lower output point (a).

Refer to the Following Figure When Answering the Following Questions