Multiple Choice
Figure 17-3
-Refer to Figure 17-3. Starting from c and 3, where does a decrease in aggregate demand move the economy to, in the short run and the long run?
A) a and 1 in the short run, b and 2 in the long run
B) b and 2 in the short run, a and 1 in the long run
C) d and 4 in the short run, e and 5 in the long run
D) b and 4 in the short run, e and 1 in the long run
Correct Answer:

Verified
Correct Answer:
Verified
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