Try another version of these questions

Question 1

The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Norway.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
650-15
6501215
Start Graph, Color red
xy
850-15
8501215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=650,11). Label "LRAS2" at (x=850,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Norway?

 

Hint


Question 2

The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Spain.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
700-15
7001215
Start Graph, Color red
xy
900-15
9001215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=700,11). Label "LRAS2" at (x=900,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Spain?

 

Hint


Question 3

The graph below shows Long-Run Aggregate Supply Curves (LRAS) for Slovenia.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
650-15
6501215
Start Graph, Color red
xy
850-15
8501215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=650,11). Label "LRAS2" at (x=850,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Slovenia?

 

Hint


Question 4

The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Mexico.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
150-15
1501215
Start Graph, Color red
xy
350-15
3501215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=150,11). Label "LRAS2" at (x=350,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Mexico?

 

Hint


Question 5

The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Canada.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
200-15
2001215
Start Graph, Color red
xy
400-15
4001215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=200,11). Label "LRAS2" at (x=400,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Canada?

 

Hint


Question 6

The graph below shows the Long-Run Aggregate Supply Curves (LRAS) for Canada.

Graphing window shows horizontal axis: 0 to 1200, vertical axis: 0 to 1200. Start Graph, Color black

xy
600-15
6001215
Start Graph, Color red
xy
800-15
8001215
Label "Real GDP" at pixel coordinates (175,0).Label "Price Level" at pixel coordinates (0,170).Label "LRAS1" at (x=600,11). Label "LRAS2" at (x=800,11).

What event could shift LRAS from LRAS1 (black color) to LRAS2 (red color) in Canada?

 

Hint