Multiple Choice
The figure given below depicts long run equilibrium in an aggregate demand-aggregate supply model. Which of the following is indicated by the arrow given in this figure?
A) A decrease in capital stock
B) An increase in long-run aggregate supply
C) An increase in nominal wage
D) A decrease in long-run aggregate supply
E) A decrease in the aggregate quantity demanded
Correct Answer:
Verified
Correct Answer:
Verified
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