PRICE LEVEL aa" a" Figure 33-3 LRAS B Y₁ Y₂ QUANTITY OF OUTPUT SRAS, SRAS,₂ AD Refer to Figure 33-3. The shift of the short-run aggregate-supply curve from SRAS₁ to SRAS2 a. could be caused by an outbreak of war in the Middle East. O b. could be caused by a decrease in the expected price level. O c. causes the economy to experience stagflation. d. causes the economy to experience an increase in the unemployment rate.

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