Exhibit 9-1 -Refer to Exhibit 9-1.The Economy Is Currently Producing Q₁.If an Currently

Multiple Choice

Exhibit 9-1

-Refer to Exhibit 9-1.The economy is currently producing Q₁.If an economist believes the economy can move itself without government intervention to Q_N,then he believes that the

A) LRAS curve will shift leftward until it intersects the SRAS and AD curves at Q₁.
B) AD curve will shift rightward and intersect the SRAS curve at point B.
C) SRAS curve will shift rightward and intersect the AD curve at point A.
D) economy will likely stay "stuck" in short-run equilibrium.