In an AD/ASAD/AS diagram, __________________________ could explain a rise in cyclical unemployment?
A. a shift to the left in either AS or AD
B. a shift in AS to the left
C. a shift in AS to the right
D. a shift in AD to the left
Answer:A
In an AD/ASAD/AS diagram, __________________________ could explain a rise in cyclical unemployment?
A. a shift to the left in either AS or AD B. a shift in AS to the left C. a shift in AS to the right D. a shift in AD to the left
Explanation: Type: Multiple Choice