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In the Self-Correcting AD-AS Model, the Economy's Short-Run Equilibrium Position

Question 11

Multiple Choice

In the self-correcting AD-AS model, the economy's short-run equilibrium position is indicated by the intersection of which two curves?


A) short-run aggregate supply and long-run aggregate supply
B) short-run aggregate supply and aggregate demand
C) long-run aggregate supply and aggregate demand
D) long-run aggregate demand and short-run personal consumption expenditures curve

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