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Figure 33-4 -Refer to Figure 33-4. the Short-Run Equilibrium Is Defined by Is

Question 177

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Figure 33-4 Figure 33-4 -Refer to Figure 33-4. The short-run equilibrium is defined by the given AD and SRAS curves. Which of the long-run aggregate-supply curves is consistent with the economy being in an expansion? A) LRAS<sub>3</sub> B) LRAS<sub>2</sub> C) LRAS<sub>1</sub> D) Both LRAS<sub>3</sub> and LRAS<sub>1</sub>
-Refer to Figure 33-4. The short-run equilibrium is defined by the given AD and SRAS curves. Which of the long-run aggregate-supply curves is consistent with the economy being in an expansion?


A) LRAS3
B) LRAS2
C) LRAS1
D) Both LRAS3 and LRAS1

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