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Exhibit 14A-2 Macro AD-AS Model

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Exhibit 14A-2 Macro AD-AS Model
Exhibit 14A-2 Macro AD-AS Model   I n 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 increase  unemployment. D)  that the economy is at full employment.
I n 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 increase  unemployment.
D) that the economy is at full employment.

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