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For the Following Question(s),assume That the Economy Is in Long-Run

Question 61

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For the following question(s) ,assume that the economy is in long-run equilibrium in the aggregate demand/aggregate supply model and that some sort of event takes place.In each case,mark the most likely impact of the event on the aggregate demand/aggregate supply diagram given below.
Figure 10-19
For the following question(s) ,assume that the economy is in long-run equilibrium in the aggregate demand/aggregate supply model and that some sort of event takes place.In each case,mark the most likely impact of the event on the aggregate demand/aggregate supply diagram given below. Figure 10-19    -Refer to Figure 10-19.Good weather allows agricultural output to double. A) The aggregate demand curve would shift to the right. B) The aggregate demand curve would shift to the left. C) The short-run aggregate supply curve would shift to the right. D) The short-run aggregate supply curve would shift to the left.
-Refer to Figure 10-19.Good weather allows agricultural output to double.


A) The aggregate demand curve would shift to the right.
B) The aggregate demand curve would shift to the left.
C) The short-run aggregate supply curve would shift to the right.
D) The short-run aggregate supply curve would shift to the left.

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