Multiple Choice
Beginning in Exhibit 5 from long-run equilibrium at point E1, the aggregate demand curve shifts to AD2. The economy's path to a new long-run equilibrium is represented by a movement from:
A) E1 to E2 to E3.
B) E3 to E2 to E2.
C) E1 to E3 to E2.
D) E2 to E1 to E2.
Correct Answer:
Verified
Correct Answer:
Verified
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