Multiple Choice
Use the following graph to answer the following questions.
-If point A occurs chronologically before point B,which situation would be depicted?
A) an increase in aggregate demand and a decrease in long-run aggregate supply
B) a decrease in aggregate demand and a decrease in long-run aggregate supply
C) an increase in aggregate demand and an increase in long-run aggregate supply
D) a decrease in aggregate demand and an increase in long-run aggregate supply
E) a decrease in aggregate demand and a decrease in short-run aggregate supply
Correct Answer:
Verified
Correct Answer:
Verified
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