Multiple Choice
-In the above figure, if aggregate demand does not change, the short-run equilibrium will
A) eventually adjust to a long-run equilibrium with a higher price level.
B) not adjust on its own.
C) eventually adjust to a long-run equilibrium with a lower price level.
D) None of the above answers are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q96: _ economists believe that the economy is
Q97: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q98: Which of the following helps determine the
Q99: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q100: We distinguish between the long-run aggregate supply
Q102: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The data in
Q103: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q104: The long-run aggregate supply curve is<br>A) horizontal
Q105: What are the components of fiscal policy?
Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The data in