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content area left Part 1 Consider the short-run aggregate supply curves in the graph at right. A movement from point A to point B on
content area left Part 1 Consider the short-run aggregate supply curves in the graph at right. A movement from point A to point B on SRAS Subscript 1 could be the result of a A. natural disaster. B. change in government policies. C. change in exports. D. change in the price level. Part 2 A movement from point A to point C could be the result of a change in A. household wealth. B. government policies. C. the labor force. D. the price level. . . . Question content area right Part 1 Real GDP Price level A C B The image is a graph that shows a shift of short-run aggregate supply curve for an economy. The horizontal axis measures the real GDP and the vertical axis measures the price level. The graph shows an upward-sloping, linear curve labeled SRAS subscript 1. There are two points A and B marked on SRAS subscript 1. Point B lies above point A on the curve. An arrow on the graph shows that SRAS subscript 1 shifts rightward to SRAS subscript 2. There is a point C marked on SRAS subscript 2. Point C on SRAS subscript 2 lies below and
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