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In the Figure Above, the Economy Is at an Equilibrium

Question 7

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In the figure above, the economy is at an equilibrium with real GDP of $13 trillion and a price level of 110. As the economy moves toward its ultimate equilibrium, the <sub>--------------------</sub> curve shifts<sub>--------------------</sub> . A) aggregate supply; leftward B) potential GDP; leftward C) aggregate demand; rightward D) aggregate supply; rightward E) aggregate demand; leftward
In the figure above, the economy is at an equilibrium with real GDP of $13 trillion and a price level of 110. As the economy moves toward its ultimate equilibrium, the -------------------- curve shifts-------------------- .


A) aggregate supply; leftward
B) potential GDP; leftward
C) aggregate demand; rightward
D) aggregate supply; rightward
E) aggregate demand; leftward

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