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Refer to the Diagram Below

Question 25

Multiple Choice

Refer to the diagram below.Other things equal, a shift of the aggregate supply curve from AS0 to AS1 might be caused by a(n) : Refer to the diagram below.Other things equal, a shift of the aggregate supply curve from AS<sub>0</sub> to AS<sub>1</sub> might be caused by a(n) : A) increase in government regulation. B) increase in aggregate demand. C) increase in productivity. D) decline in nominal wages.


A) increase in government regulation.
B) increase in aggregate demand.
C) increase in productivity.
D) decline in nominal wages.

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