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Exhibit 14A-1  Aggregate Demand and Supply Model as Shown in Exhibit

Question 69

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Exhibit 14A-1  Aggregate demand and supply model Exhibit 14A-1  Aggregate demand and supply model As shown in Exhibit 14A-1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD<sub>1</sub> to AD<sub>2</sub> , is: A) E<sub>1</sub>. B) E<sub>2</sub>. C) E<sub>3</sub>. D) unable to be determined. As shown in Exhibit 14A-1, the economy's point of short-run equilibrium, given by the shift of the aggregate demand curve from AD1 to AD2 , is:


A) E1.
B) E2.
C) E3.
D) unable to be determined.

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