Multiple Choice
Exhibit 10A-2 Macro AD-AS Model
I n Exhibit 10A- 2, the intersection of AD with SRAS indicates:
A) a short-run equilibrium.
B) a long-run equilibrium.
C) that the economy needs policies to reduce unemployment.
D) that the economy is at full employment.
Correct Answer:

Verified
Correct Answer:
Verified
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