Using an AS/AD framework to describe the events in the story, there would be a
A. leftward shift in the AD curve.
B. leftward shift in the SAS curve.
C. rightward shift in the AD curve.
D. rightward shift in the SAS curve.
Answer:B
Using an AS/AD framework to describe the events in the story, there would be a
A. leftward shift in the AD curve. B. leftward shift in the SAS curve. C. rightward shift in the AD curve. D. rightward shift in the SAS curve.