Figure 16.3

-In Figure 16.3, movement from point C to point D corresponds to a
A) rightward shift of the aggregate demand curve.
B) rightward shift of the aggregate supply curve.
C) movement down the long-run aggregate supply curve.
D) leftward shift of the aggregate supply curve.
E) leftward shift of the aggregate demand curve.

Question

Figure 16.3
 
-In Figure 16.3, movement from point C to point D corresponds to a
A) rightward shift of the aggregate demand curve. 
B) rightward shift of the aggregate supply curve. 
C) movement down the long-run aggregate supply curve. 
D) leftward shift of the aggregate supply curve. 
E) leftward shift of the aggregate demand curve.

Quizplus · Accepted Answer

The Answer of Figure 16.3
 
-In Figure 16.3, movement from point C to point D corresponds to a
A) rightward shift of the aggregate demand curve. 
B) rightward shift of the aggregate supply curve. 
C) movement down the long-run aggregate supply curve. 
D) leftward shift of the aggregate supply curve. 
E) leftward shift of the aggregate demand curve.

Figure 16.3 -In Figure 16.3, Movement from Point C to Point D