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Exhibit 10.8 -Refer to Exhibit 10.8, Which Shows the Long-Run Equilibrium in the Long-Run

Question 94

Multiple Choice

Exhibit 10.8
Exhibit 10.8    -Refer to Exhibit 10.8, which shows the long-run equilibrium in an aggregate demand-aggregate supply model. Which of these could have caused the movement shown in this exhibit? A)  a decrease in the size of the labor force B)  an increase in the price level C)  an increase in net investment D)  an increase in autonomous consumption E)  a decrease in autonomous consumption
-Refer to Exhibit 10.8, which shows the long-run equilibrium in an aggregate demand-aggregate supply model. Which of these could have caused the movement shown in this exhibit?


A) a decrease in the size of the labor force
B) an increase in the price level
C) an increase in net investment
D) an increase in autonomous consumption
E) a decrease in autonomous consumption

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