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    Exam 14: Aggregate Demand and Supply
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    Exhibit 14A-2  Macro AD-AS Model in Exhibit 14A-2, the Intersection
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Exhibit 14A-2  Macro AD-AS Model in Exhibit 14A-2, the Intersection

Question 78

Question 78

Multiple Choice

Exhibit 14A-2  Macro AD-AS Model Exhibit 14A-2  Macro AD-AS Model   In Exhibit 14A-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. In Exhibit 14A-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.

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