If the Current Short-Run Equilibrium Level of Output Is Greater

Multiple Choice

If the current short-run equilibrium level of output is greater than full-employment output,we can then expect that in the long run the

A) price level will rise and short-run aggregate supply will fall.
B) price level will rise and aggregate demand will fall.
C) price level will fall and short-run aggregate supply will rise.
D) price level will fall and aggregate demand will rise.
E) long-run aggregate supply will increase.