Multiple Choice
Aggregate demand and supply curves have been widely used to analyze the performance of the macroeconomy. Figure 5-3 shows four diagrams that represent different changes in the macroeconomy. Choose the diagram that best represents the situations described in the following questions. Figure 5-3
Which graph in Figure 5-3 best represents the favorable macroeconomy of the late 1990s?
A) 1
B) 2
C) 3
D) 4
Correct Answer:

Verified
Correct Answer:
Verified
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